We have a mortgage on a house in Kitimat BC which we still owe
$80000 on. We left Kitimat to another community in BC. We put the house up
for sale and even had it rented out for the first few years. But then our
tenants moved out,leaving the house in a mess,and with no one to rent
it.We managed to pay the mortgage on it for several months but then
things started getting tight(financially).
We asked the bank to take the house back, but they refused. What I would
like to know is can we declare bankruptcy on just the mortgage or do we
have to do it for all creditors.
