December 1st, 2013 by Questions
I am intending to file for divorce in the new year, and we have major consumer debt. Would it be better to apply for a consumer proposal before filing divorce or after?
Posted from: Alberta
One Response to “Kim”
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.)
You must be logged in to post a comment.
December 01, 2013 at 7:54 pm, A licensed trustee said:
A lot depends on how amicable the divorce is likely to be and whether or not you plan on filing together (jointly) or by yourself. The less amicable the more should consider filing by yourself. Frankly, the best thing to do is ask the lawyer handling your divorce whether it is to your advantage to have less debt before or after the divorce has started.