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If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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separation and debt repayment

My spouse and I are separating. We have approx. 65,000.00 in joint debt and a house with a mortgage of 180,000.00. It is our only asset. He would like for me to keep the house and the kids. His take home pay is $3600 a month and mine is $2600 a month. What is the best solution for us so that he will be able to buy and maintain a home.

Posted from: Nova Scotia

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One Response to “separation and debt repayment”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

The answer to this is going to depend on a number of factors as a result you are best to consult directly with a licensed trustee who practices out of Nova Scotia.