How Filing Insolvency Affects Your Spouse

Deciding to declare bankruptcy or file a consumer proposal is a stressful choice. Understanding how any insolvency proceeding will affect your spouse can alleviate a lot of your fears and concerns. Our slideshare presentation will help you understand ‘family’ debts and how they are impacted by your bankruptcy or proposal. We will explain that your spouse is not generally liable for your debts unless they have guaranteed payment. We’ll talk about joint debts, when filing a joint bankruptcy or proposal may make sense and how your debts are affected in the event of a separation or divorce.

Similar Posts:

  1. When Your Ex-Spouse Fails To Pay Credit Card Debt
  2. Who’s Responsible to Pay Joint Credit Cards After Separation or Divorce
  3. The Impact of Bankruptcy on Your Marriage
  4. Divorce and Bankruptcy Law in Canada
  5. Bankruptcy and Your Spouse: FAQ Video

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