Comments on: going thru a divorce/serious health issues http://www.bankruptcy-canada.ca/what-i-keep-or-lose-in-bankruptcy-in-canada/2008/12/going-thru-a-divorceserious-health-issues.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/what-i-keep-or-lose-in-bankruptcy-in-canada/2008/12/going-thru-a-divorceserious-health-issues.html#comment-81047 Ted Michalos, CA trustee Wed, 31 Dec 2008 13:05:18 +0000 http://www.bankruptcy-canada.ca/what-i-keep-or-lose-in-bankruptcy-in-canada/2008/12/going-thru-a-divorceserious-health-issues.html#comment-81047 If you file for bankruptcy (or a proposal) then you will be protected from your creditors. If your ex doesn't also file then they will be expected/required to repay your joint debts. If you have no income and you are dealing with health issues, you might decide to delay filing until you are back on your feet. While you have no income there may not be any advantage to you to filing for bankruptcy now. Use the links to find a trustee in your area and give them a call. They'll help you decide what makes the most sense for you right now. If you file for bankruptcy (or a proposal) then you will be protected from your creditors. If your ex doesn’t also file then they will be expected/required to repay your joint debts.

If you have no income and you are dealing with health issues, you might decide to delay filing until you are back on your feet. While you have no income there may not be any advantage to you to filing for bankruptcy now.

Use the links to find a trustee in your area and give them a call. They’ll help you decide what makes the most sense for you right now.

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