Ex-Common Law Sharing Accomodations
Hi. My ex-common law and I are currently sharing accomodations-he needed a place to stay. During the 6 years of our separation he neglected to file his income taxes and owes CRA a considerable amount of money. He has other debts as well which have nothing what-so-ever to do with me. He now wants to file for bankruptcy and is demanding that I sign as his common-law partner so that “his payments will be less” but I would also have to list all of my assets and income which have nothing to do with him. I am currently involved in another relationship and the man in my life tells me that I am not leagally obligated in any way. If I am obligated, and he pulls a disappearing act, would I be responsible for his bankrupcty?My ex and I have two small children together. What should I do? Your advice is greatly appreciated.
I can’t think of any reason why you should consider this request unless you have co-signed or guaranteed any of your ex’s debt.
If you have co-signed his debts and he files then you will be held responsible for th debt. If you haven’t co-signed then his procedure has nothing to do with you.
Which ever trustee he is dealing with will likely explain all of this to him before he files.
Just a thought – but if you sign something stating that you are common law so that he gets a break on his bankruptcy you could end up in a mess with your income taxes – you’d have to claim common law there as well…..