March 12th, 2007 by Questions
Should my daughter file for bankrupcy? She lives in Alta. but a bank in Manitoba is suing her. She is separated and her husband was suppose to pay the mortgage on the house but neglected to do so. The collection agency took over and finally sold the house. Now the bank want their money.
One Response to “Being Sued”
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March 14, 2007 at 9:27 am, A licensed trustee said:
Unfortunately, we can’t tell you whether or not your daughter should file for bankruptcy – that a decision she has to make herself.
What I suggest is that she contact a trustee in Alberta so that she can discuss her options. Depending on how much she owes and her current situation, perhaps bankruptcy can be avoided.