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| Author: |
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Anonymous |
| Date: |
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September 22, 2004 |
| Question: |
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If a person files bankruptcy and doesn't reconfirm on a mortgage, does the joint applicant have complete ownership of the house?
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From: |
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Ann Clarke, Alger & Associates Inc. |
| Date: |
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September 23, 2004 |
| Answer: |
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Bankruptcy in Canada does not affect the ownership of a home. Someone
who is bankrupt remains on title until legal steps are taken to remove
them.
Ann Clarke
phone: (403) 296-2972
aclarke@moneyhelp.ca
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