Hi,
I have doubts regarding the bank account documents to be disclosed for the dependent in the EE portal post ITA.
Primary applicant has funds in his account worth 16,500 CAD with no liens and outstanding loans/credit whereas I (dependent) am a co-signee of an education loan for my brother which is of 15 lacs INR. Also, I am the primary source for the repayment of loan but there is a mortgage as well for the same.
We would be showing account bank statements which are required for the PA. My questions are:
1. Being a dependent do I need to disclose the outstanding loans to the IRCC?
2. If needed to disclose the outstanding debt, should the POF be:
Thank you.
I have doubts regarding the bank account documents to be disclosed for the dependent in the EE portal post ITA.
Primary applicant has funds in his account worth 16,500 CAD with no liens and outstanding loans/credit whereas I (dependent) am a co-signee of an education loan for my brother which is of 15 lacs INR. Also, I am the primary source for the repayment of loan but there is a mortgage as well for the same.
We would be showing account bank statements which are required for the PA. My questions are:
1. Being a dependent do I need to disclose the outstanding loans to the IRCC?
2. If needed to disclose the outstanding debt, should the POF be:
- 16500 CAD + amount needed to be repaid for approx 2 years OR
- 16500 CAD + whole loan cleared.
Thank you.