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Spouse Debts

In a Consumer Proposal I understand that you have to include all your debts. Does this include joint loans with other parties, i.e. spouse or friends?

Posted from: Ontario

One Response to “Spouse Debts”

A licensed trustee said...

Yes – all of your debts means anyone that you owe more than $25 to. If you co-signed a debt, or guaranteed a debt for someone else those debts need to be listed when you file a proposal.