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Bankruptcy Question & Answer Forum - Canada


Author:

 

Blue Angel

Date:

 

August 4, 2005

Question:

 

What would happen if I am divorced and my ex co signs for a car and I file bankruptcy -- would they take the car from her? And all joint bills we had together?



From:

 

Bruce, Alger & Associates Inc.

Date:

 

August 5, 2005

Answer:

 

As long as the payments are being made on the car, it is most likely that it will not be repossessed.

Bruce Alger
phone: (403) 296-2970
balger@alger.ca



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