Learn about joint consumer proposals and when they make sense for couples with shared debt. Understand qualification requirements, benefits, risks, and alternatives. Discover if filing together is right for your situation or if individual debt solutions might work better.
Category: Consumer Proposals
Find out who's responsible for credit cards, mortgages and other debts in a divorce or separation and what happens if one spouse files insolvency.
Category: Dealing with Debt
What makes a debt a joint debt? What are the implications of cosigning a loan with your spouse. Doug Hoyes reviews when you are responsible for your spouse's debts and what happens if they file insolvency.
Category: Debts Discharged
If you are considering divorce and carrying a lot of debt, this post explains what happens to your marital assets, joint debts, and whether you should file an individual or joint bankruptcy or proposal before or after a divorce filing.
Category: Bankruptcy Process
Are you and your partner considering a joint debt, like a credit card? It's important to know your financial and legal responsibilities here, so we created a guide on what you need to know before co-signing.
Category: Debts Discharged
You may be considering a consumer proposal and wondering if it will impact your spouse. To help you get a better understanding, we explain how joint debts work, how your marital assets may be affected and how your spouse may be involved in the process. Learn more.
Category: Consumer Proposals
Trying to figure out if a joint loan is your best option? Learn here, about the pros and cons of having a joint consolidation loan with your partner and debts that may be a bad idea to consolidate.
Category: Loans & Borrowing
Do you own a joint asset with an individual who is declaring bankruptcy? Find out the impact that bankruptcy has on jointly owned homes, vehicles, and bank accounts, and what you can do.
Category: Assets & Property
Does having a current or past bankruptcy affect your ability to sponsor someone immigrating to Canada? Find out if and when you are able to be a sponsor during insolvency and alternative options you may have.
Category: Bankruptcy Basics
