Bankruptcy Question & Answer Forum - Canada

Author:		Russ
Date:		June 27, 2005
Question:		I am considering bankruptcy and my father is co-owner of my house I have not missed a payment yet but one of the credit cards I hold is through the bank that holds the mortgage will this effect my father and can I be forced to sell the house it is my only asset that I own?
From:		Bruce, Alger & Associates Inc.
Date:		June 28, 2005
Answer:		Generally banks do not foreclose unless you do not make your mortgage payments. Bruce Alger phone: (403) 296-2970 balger@alger.ca