Preparing for Bankruptcy
May 15th, 2006 by Questions
I plan to declare personal bankruptcy in the next few months. My husband will not be involved however, we have a personal joint loan (not a cosigner). If I declare bankruptcy, what happens to this personal loan? I have my old clunker as collatteral. If I declare and the loan is combined in the bankruptcy, will I lose my car?
Also, can I switch the RESP\’s for my son to my husband\’s name so I don\’t lose them?
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.)