FSW 2013 Need help in Application form...

[UKTOCA]

Hi can you help me to answer following question?

I have Fixed deposit of some money in my bank. But i do not have any Liabilities and in new FSW form it does not accept $0 figure.

But my agent told me that just answer c) Total funds available for settlement in Canada (which i have in my fixed deposit account).

While watching CIC video it says clearly do not leave any answers blank.

So i need to answer a) and b)

Please let me know your suggestions.

Thanks

Question 11

a) Assets
Indicate the total amount (in Canadian dollars) of fixed deposits, savings accounts, pensions, etc.

b) Liabilities
Indicate the total amount (in Canadian dollars) of real property mortgages and any other personal debts.

c) Total funds available for settlement in Canada
With consideration to your total assets and liabilities, indicate the total amount (in Canadian dollars) of unencumbered, transferable and available funds that you have for settlement in Canada.

 

[kashka]

Are you absolutely sure you have no liabilities?
Credit card debt? Mortgages? Car payments?

Wow I wish I can be like you!

If you don't I think you should attach a separate sheet indicating that you have no liabilities.

 

[gogabutt]

this is no brainer!!!

put 0 for liability. if the form does not allow entering 0, write it manually.

your agent is stupid, stay away from him. otherwise you will regret if you keep listening him

 

[UKTOCA]

Thanks gogabut