Bankruptcy and returning to college?
July 20th, 2009 by Questions
I`am married and both of us are employed. I don`t have a well paying job but my wife does. I`am saddled with about 100K in unsecured personal debt which is entirely due to living beyond my means for the last 4 years. I`am current on all accounts but turns out that 70% of my after tax salary goes to servicing the debt. My wife has lesser debt and a better salary and she has been suggesting that I quit my job , declare bankruptcy and go back to college. Will VOLUNTARILY QUITTING a job before declaring bankruptcy be illegal?
Posted from: Ontario