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I need to know How does one have their mortgage and/or student loans paid for with a remittance or whatever is needed?

Money doesn't exist. By all means, you are welcome to have faith in it. Indeed, without its manifestations, we would not be able to buy things. Be that as it may, this forum is about money in all its forms.
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shaunshaft613
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I need to know How does one have their mortgage and/or student loans paid for with a remittance or whatever is needed?

Post by shaunshaft613 » Fri Mar 22, 2019 9:07 pm

Please can anyone help me with this information? I am a Canadian citizen and I currently reside in Alberta, Canada. Or where I can start my research to find the answers for myself and my family so we can help others to become more aware??



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Re: I need to know How does one have their mortgage and/or student loans paid for with a remittance or whatever is neede

Post by Zombie » Sat Mar 23, 2019 2:47 pm

I am not sure about whether you have the same in Canada like we have in the UK with the 'Bills of Exchange Act', but since all our commonwealth countries use similar systems I suspect you will have.
If you have then you could try that.
From what I understand here, if you offer them a promissory note to pay off your debt and they reject it, then no debt exists.
Check this page out its by Veronica: Chapman.

If you want to pay but at a lower rate:
You will need to stay in honour at all times, so don't say you will not pay them, and while you are in communication, make them an offer as to what you can afford.
Once you make them an offer, they shouldn't refuse it and can't take you to court because the judge will say that is correct and that you can only afford what you offer.

On the mortgage front, again check out Veronica: Chapman where she explains that mortgages are a rip off.

These are good questions actually so its about time we had a section on this on the main blog to clarify things without looking elsewhere. Are you listening @King ..... :mrgreen:

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King
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Re: I need to know How does one have their mortgage and/or student loans paid for with a remittance or whatever is neede

Post by King » Sat Mar 23, 2019 5:49 pm

We are working on templates and other stuff at the moment on the main blog but that doesn't and shouldn't stop you from discussing anything and everything in the forum.
The King :fingers:

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Zero
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Re: I need to know How does one have their mortgage and/or student loans paid for with a remittance or whatever is neede

Post by Zero » Sun Mar 24, 2019 11:11 pm

Mortgages are one massive fraud.
I've read about them but never had one because I didn't like the idea of being tied down for 25 years with debt.
There's quite a few Canadians who come here so hopefully they can give you some relevant information.

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Re: I need to know How does one have their mortgage and/or student loans paid for with a remittance or whatever is neede

Post by Milkman » Tue Mar 26, 2019 3:31 pm

Before you do anything, I mean anything, make sure you do your research and be fluent in what you talk about.

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