Ottawa woman faces foreclosure and bankruptcy after Scotiabank serves her papers
CTV
An Ottawa woman has had her life turned upside down and is now facing bankruptcy and foreclosure in a perfect storm of unfortunate events.
An Ottawa woman has had her life turned upside down and is now facing bankruptcy in a perfect storm of unfortunate events.
"I just feel like I’m tracking through the mud and swimming against the current. It just feels like a never ending nightmare," said Vanessa Hartmann.
It all started two years ago, when she purchased a home in Jasper, Ont. along the Rideau River.
At the time, the property was listed for $465,000, but Hartmann says she paid $200,000 over the asking price.
"It was quite ludicrous, there were bidding wars and it was just really stressful," said Hartmann.
But just seven months later, she was laid off from her well-paying job at Microsoft and at the same time, soaring interest rates nearly doubled her mortgage.
"I said ok, I can’t afford this but then I started to default on my payments," said Hartmann.
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