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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Will my wife and I lose our home?

My ex and I own a rental property together that is in danger of making myself and her go bankrupt. But my wife and I own a home that we live in. If the worst happens and I go bankrupt, will my wife and I lose our home?

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One Response to “Will my wife and I lose our home?”

Desmond West-Chow, CIRP said...

It’s difficult to say without knowing more about both of the properties and some of your individual circumstances. It would be best to talk to a local trustee as there are provincial rules that would need to be applied. The local trustee would want to have a more detailed discussion with you about the values of both the rental property and your current home and their respective mortgages as well.