Separation and home equity
November 25th, 2008 by Questions
I live in Quebec and my common-law spouse (not applicable in QC) left me about 18 months ago. There was no legal separation agreement since it is not recognized in Quebec. Last month she filed for bankruptcy which left me to pay for any debts we jointly signed on. In order to pay these debts, I am forced to sell the house. Now, her trustee informes me that 50% of the equity will go to them as her share in the equity which she voluntarity forfeited when she left. I need help here since the closing date is less than a week away.
Posted from: Quebec