home equity

January 15th, 2008 by Questions

I reside in quebec,me and my wife have paid the morgate together,and now I have a financial situation could not afford to pay,she then ask her brother to joint to help her to pay the other half,if I file for bankruptcy,is my wife have any responsibility for my debt and would creditor will seized the house.Thankyou.


One Response to “home equity”

, Barton Goth GCO Bankruptcy Trustees said:

This will depend on how much equity you have in the house. As this is determined based on provincial legislation you are best to contact a local trustee and discuss whether or not there will be any impact on the house in your situation.

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