Would he have to liquidate his assets?
April 6th, 2015 by Questions
We have been separated 5 1/2 years the matrimonial home and line of credit is in both names, we do not have a separation agreement my husband says he may claim bankruptcy to pay off his debit (credit cards) these cards are in his name only. He has assets money in an RRSP and collector car if he was to claim bankruptcy would he have to liquidate his assets to pay the credit cards off first or would we be forced to sell the house?
Posted from: Ontario