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If you and your spouse have no joint debts then if you claim bankruptcy by yourself your spouse is not affected. If you and your spouse have any joint debts then your spouse will be held jointly responsible for those joint debts.
Some basic facts about being in Bankruptcy and some other options in Ontario include, the Bankruptcy and Consumer Proposal rate has increased by 30.4% in 2009 from those numbers in 2008. Some other options include, consumer proposal, debt consolidation loan or debt settlement.
Oshawa, Ontario L1G 5N3
(905) 404-8001
(866) 452-1100
info@themds.ca
The Mortgage Doctors is Durham Region’s Mortgage Superstore. Our Mortgage Brokers use their expertises to advise and obtain approvals on mortgage financing that fits your mortgage needs.
Monday – Friday: 9AM – 5PM
Saturday – Sunday: CLOSED
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