Comments on: Will the filing of a consumer proposal affect my husbands credit? http://www.bankruptcy-canada.ca/consumer-proposals/2010/02/will-the-filing-of-a-consumer-proposal-affect-my-husbands-credit.html Personal Bankruptcy Canada Blog Fri, 10 Feb 2012 15:23:44 +0000 hourly 1 By: Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy http://www.bankruptcy-canada.ca/consumer-proposals/2010/02/will-the-filing-of-a-consumer-proposal-affect-my-husbands-credit.html#comment-113675 Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy Thu, 04 Feb 2010 19:29:30 +0000 http://www.bankruptcy-canada.ca/consumer-proposals/2010/02/will-the-filing-of-a-consumer-proposal-affect-my-husbands-credit.html#comment-113675 As long as your husband is not listed jointly on any of your debts, then your filing a <a HREF="http://www.bankruptcy-canada.ca/consumerProposals.htm" rel="nofollow">consumer proposal</A> will not have any impact on his credit. Now the amount you have to offer may vary somewhat as the presence of a spouse can impact the <a HREF="http://www.bankruptcy-canada.ca/costofbankstatic/cost-of-bankruptcy.htm" rel="nofollow">cost of bankruptcy</A>, which indirectly impacts the amount that must be offered in the <a HREF="http://www.moneyproblems.ca/bankruptcy-alternatives.htm" rel="nofollow">consumer proposal</A>, but it will likely be a nominal difference. As long as your husband is not listed jointly on any of your debts, then your filing a consumer proposal will not have any impact on his credit.

Now the amount you have to offer may vary somewhat as the presence of a spouse can impact the cost of bankruptcy, which indirectly impacts the amount that must be offered in the consumer proposal, but it will likely be a nominal difference.

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