Comments on: Lose the house http://www.bankruptcy-canada.ca/bankruptcy/2008/11/lose-the-house.html Personal Bankruptcy Canada Blog Fri, 10 Feb 2012 15:23:44 +0000 hourly 1 By: Ted Michalos, CA trustee http://www.bankruptcy-canada.ca/bankruptcy/2008/11/lose-the-house.html#comment-75924 Ted Michalos, CA trustee Sat, 29 Nov 2008 13:21:17 +0000 http://www.bankruptcy-canada.ca/bankruptcy/2008/11/lose-the-house.html#comment-75924 Whether or not your house will be afactor depends on how long it has been in your spouses' name, whether or not you are invovled with the mortgage, and whether or not there is any equity in the property. (Equity simply means if the house was sold would therebe an money left ove for the owners). I suggest you use the links on this page to contract a trustee in your area directly - they will be able to walk you through all of the issues that might arise due to your house. The answer is too long to post here... Whether or not your house will be afactor depends on how long it has been in your spouses’ name, whether or not you are invovled with the mortgage, and whether or not there is any equity in the property. (Equity simply means if the house was sold would therebe an money left ove for the owners).

I suggest you use the links on this page to contract a trustee in your area directly – they will be able to walk you through all of the issues that might arise due to your house. The answer is too long to post here…

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