Coomom law and I each have a car
February 9th, 2009 by Questions
I have sadly gotten over my head with debt since my income has slowed down and just can`t seem to recover so I have decided to go bankrupt. I am worried though about losing my car. My common law partner and I each have our own cars in our own names. We both also have our own loans for each car. In fact, we keep everything separate and in our own names including our own bank accounts and just split the bills down the middle. We have nothing in both of our names. If I file for bankruptcy and want to keep making payments on my car loan(I took the loan out at 15,000 and now I owe 10,000), will my car be taken because my common law has one?
Posted from: Alberta