proof of funds

Canada Immigration Forum (discussion group)


 
       
Subject: proof of funds
  Hi,

May I request an insight for the following situation? I was asked by the immigration office to provide proof of funds which are completely available, readily transferable and unencumbered by debt or any other obligations. Now I have enough amount for a family of three in my account with a bank but I also have a car loan with the same bank. Is my money still considered as unencumbered in this case? The collateral in my loan is the vehicle. Sorry if this is a silly question. I´m just confused. Thanks for any help.

[15-03-2013,15:31]
[**.72.186.38]
Earl
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