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thegreat23

Newbie
Jul 22, 2016
3
0
Hey guys,

I had a question about sponsoring a parent. If I am the sponsor and I accept the financial obligation to support them if needed, does the sponsorship affect my ability to get loans and mortgages in the future?

Thanks.

AP
 
No, it will not effect on your ability to get loan or mortgage. If your sponsored person take any social assistance payment you will be liable to pay back all those amounts.
 
No but if for example you cant pay ur mortgage and file for bankruptcy, it will
 
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