January 4th, 2008 by Questions
I`m living with a woman in a relationship that I pay her rent every month and I thinking of going into bankrupticy, and would like to know if this would afect her in any way .
January 07, 2008 at 11:20 am, A licensed trustee said:
She might be affected in a couple of ways:
First, if she is joint on any of your debt and you file then she will be held responsible to repay those debts; and
Second, you may be treated as common-law under federal law if you have been living together for more than 12 months. If that is the case, her income will have to be disclosed as part of your bankruptcy and it may impact your monthly payments.
Log in to Reply
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.