FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

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If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Super Intendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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Life Interest Property and Bankruptcy

I have a primary residences but I also have my name on deed for a farm that was willed to myself. My uncle has life interest on this property and is living on the property. If I was to file for bankruptcy would the deed of the farm I own come into play since my uncle has life interest listed on the deed?
Thank you.

Posted from: Ontario

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One Response to “Life Interest Property and Bankruptcy”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

This is a very complicated issue and one you must discuss in person with a local trustee.