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Q & A: Debts and Settlement Funds

CIC News

Published on February 1st, 1998 at 12:27am EST
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Q. I have Car Loan almost 15,000CAD which I have taken in US; I am supposed to show this in the application form for PR. What is the effect of this?

Answer: You should indicate the debt. You may also indicate the value of the vehicle in the assets section of the form.

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