If you take loan of CAD 20000, showed assets of CAD 20000, and also showed settlement fund of CAD 20000 - do you think it will work?
Other assets is not required but liability is something sensitive, it could limit your settlement fund; if you cite any liability, I beleive, it should be disclosed. Also, i think, all credit card users should show their liability and credit card statement, else VO might think you could hide something more. Just show you are transparent.
I am a DD user and showed zero liability.