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Author:		Earl
Date:		January 13, 1999
Question:		When I claim a personal bankrupcy and in within the next few years I want to buy a house, How much will the bankrupcy effect my ability to buy a house?
From:		Shane Brenneis, Collins Barrow Limited
Date:		January 14, 1999
Answer:		Once you are discharged from bankruptcy, it is up to the creditor you are dealing with as to whether they wish to lend you any funds. They will review your current income, assets and the amount of mortgage you want based on the value of the house. Also, in Alberta, you can assume a mortgage and then pay on this mortgage for a while and you have then established a relationship with that lender. If you have any further questions, please call me at (403) 298-1575. Shane Brenneis