ezaykom ya gama3a, I would appreciate your help in this puzzle
Hello everyone, here is the situation, and kindly advise,
-I got 19k CAD in employee saving fund for the company. (cant be liquidated now or will be significant loss 20%)
-I got a 15k CAD loan from my employer after mortgaging the units of the funds above to my employer (which is in cash in the current account of the Bank A, taken for the purpose of stock market investment but liquid now) last month
-I got 13k CAD personal finance loan from Bank A last month as well (which is in cash in the current account of the same bank, taken for the purpose of stock market investment but liquid now)
-credit card liability of 5k CAD from same Bank A
-5k CAD of my own cash assets in Bank A
-I got 1k CAD in bank B
what should i do to use as POF ? make a gift deed from dad and get it over with ?