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

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*Unsecured debt includes credit cards, lines of credit, bank overdrafts, payday loans, and unsecured personal loans (excluding student loans). It does not include mortgages and car loans.

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How can we help you?

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 Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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How will my wife’s debts affect me?

My wife has some substanial debts (student loan and unsecured) after going to school. She has been on disability for almost 5 years now and I am currently in school and dependent on student loans. If my wife declares bankruptcy will it affect my ability to be recieve student loans for school in the future?

Posted from: British Columbia

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One Response to “How will my wife’s debts affect me?”

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

As long as you have not signed on your wifes debt, there really shouldn’t be a great deal of impact on you, even if she files for bankruptcy, her debts are hers and marital status really doesn’t change that. Now you may find that you have to assist her when it comes to completing some of the duties she will have in a bankruptcy, but your role will be limited.