Blog Posts

How will bankruptcy affect your spouse?

When you’re struggling with debt, there are a variety of options you can consider. In some instances, filing for bankruptcy is the best choice; although, it should always be the last resort. If you are insolvent, you may be contemplating this strategy.

January 21, 2018

Bankruptcy, Debt and Relationships

Can you inherit debt if a family member dies?

Typically when someone dies, their personal debt does not get passed on to surviving family members. Their debt belongs to them and them alone; it is not passed on to their family members when they die.

December 6, 2017

Bankruptcy, Debt and Relationships

Debt After Divorce

Managing debt after divorce can be overwhelming for many people. Take solace in knowing that you’re not alone.

August 27, 2017

Debt and Relationships

Filing Bankruptcy Without Your Spouse

I have many married couples ask me if one spouse can file bankruptcy without it affecting the other. The answer always depends on their personal situation.

August 8, 2017

Consumer Proposals, Bankruptcy, Debt and Relationships

If my ex-spouse files bankruptcy, will it affect our joint mortgage?

If you file for bankruptcy your ex-spouse may be affected if you have a joint mortgage. Your bankruptcy will remove you from your responsibility to pay that debt, however, it does not:  

April 30, 2017

Bankruptcy, Asset Concerns, Debt and Relationships

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