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

"*" indicates required fields

Company

This field is for validation purposes and should be left unchanged.

Name*

Phone Number*

Email*

This field is hidden when viewing the form

What's the best time to contact you?*

Location*

What city do you live in?*

Total Unsecured Debt*

*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.

This field is hidden when viewing the form

Source

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.

Agreement*

I understand that Bankruptcy-Canada.ca does not provide debt relief services directly and agree to securely share this information with a local Licensed Insolvency Trustee (LIT) for a free, confidential consultation.

Select Trustee By Province

Bankrupcty

I have a house under my name and paying the mortgage.When we signed the legal paper work lawyer said I cannot sell my house with my wife’s consent,If I declare bankruptcy, will that effect her.Is she responsible for 50% of debt since she is filing separation.

Posted from: Alberta

Share this post:

X (Twitter) Facebook Pinterest LinkedIn Email

One Response to “Bankrupcty”

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

I want to first clarify a few things. A bankruptcy is directed towards your unsecured creditors. So you if have a mortgage and file a bankruptcy, if the house hasn’t been foreclosed on the original contract stays in place.

The only way for a house to be included in a bankruptcy and you cleared from that debt is if you have the house foreclosed on prior to filing for bankruptcy. Now if the house is already foreclosed and you file a bankruptcy, you would be cleared from that debt, but only you. Any other party signed on that mortgage would be fully responsible for whatever the sale of the house didn’t cover.