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

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Individual filing for a spouce

Can a spouce file as an individual to clear the debts that are in their name only without affecting the other spouce finacially?

Posted from: Manitoba

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One Response to “Individual filing for a spouce”

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

Yes, the filing of an individual bankruptcy is quite common. As long as you have limited in the way of joint debt or jointly owned assets there won’t be any direct impact on your spouse. For more information this is a good link on this topic: impact on spouse.