Personal Bankruptcy Forum


Author:   Paula
Date:   July 26, 2000
Question:   I have already filed for a divorce, but I just found out that my husband has filed bankruptcy. We did not have any joint accounts except for a checking account for a short time. He has over $40,000 in credit card debt all incurred before we were married. Will I be responsible? Will this hurt my credit standing?
 


From:
 

Shane Brenneis, Collins Barrow Limited
Date:   July 28, 2000
Answer:  

In Canada, unless you have a spousal credit card or have also signed for the debts, you are not liable for your ex-husbands debts. His bankruptcy should not affect you or your credit rating.

Shane Brenneis
phone: (403) 298-1575
sbrenneis@collinsbarrow.com




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