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| Author: |
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Elizabeth |
| Date: |
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September 16, 2003 |
| Question: |
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I am married and I may be losing my job in the near future. If I declare bankruptcy because I have no income, is my husband's income affected? What if we have shared debt?
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From: |
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Ann Clarke, Alger & Associates Inc. |
| Date: |
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September 16, 2003 |
| Answer: |
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If you file for bankruptcy your husband will not be affected unless he has cosigned any of your debts or has a secondary credit card. He will still be liable to pay any debts under his name.
For further information, please refer to the section Is Bankruptcy/Proposal going to affect my spouse/partner? on this website.
Ann Clarke
phone: (403) 296-2972
aclarke@moneyhelp.ca
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