Q & A: Debts and Settlement Funds

author avatar
CIC News
Published: February 1, 1998

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.

Share this article
Share your voice
Did you find this article helpful?
Thank you for your feedback.
Subscribe to our newsletter
Did you find this article helpful?
Please provide a response
Thank you for your helpful feedback
Please contact us if you would like to share additional feedback, have a question, or would like Canadian immigration assistance.
  • Do you need Canadian immigration assistance? Contact the Contact Cohen Immigration Law firm by completing our form
  • Send us your feedback or your non-legal assistance questions by emailing us at media@canadavisa.com
Top Stories
Canadian passport grows stronger in latest global rankings
The jobs being prioritized in Kelowna, British Columbia under IRCC’s francophone PR pathway
BREAKING: Major immigration bill amended by Senate
Join our free newsletter. Get Canada's top immigration stories delivered to your inbox.
Subscribe
More in Canada
Canadian passport grows stronger in latest global rankings
A content writer holds a passport in the Toronto office of the firm that she works for.
BREAKING: Major immigration bill amended by Senate
Canadian Parliament has passed a bill containing the most significant immigration reforms in the past twenty years.
Canada halts removal orders for Israeli and Lebanese nationals
A CBSA patroller with an open street in the background.
Moose Jaw RCIP facilitates PR for workers in these priority sectors and occupations
A "Welcome to Moose Jaw - The Friendly City" sign shot in front of a grain elevator on a day with a clear sky.
Link copied to clipboard