Spouse real estate
October 13th, 2008 by Questions
1) Is bill C-12 in effect now? ie. 250000 consumer limits
2) The house is in my spouses name for a while now…are there any concerns re: Consumer proposals or bankruptcy with this? (no mortgage)
3) She also co-owns a recreational property with her parents, but I may be still on the mortgage? How does this affect CPs and bankruptcy?
4) My difficulties stem from my business tanking in the last few months(aggravated by 80% US export)…I own my business 50-50 with my brother as a corporation. How would this affect CPs or bankruptcy?
Thank you, great resource especially for clarity under stress.
Posted from: Ontario
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