Monthly Archives: May 2013

Bankruptcy and Mortgage and our house
By Bankruptcy Ontario Trustee
27 May 2013 | Category: Bankruptcy in Ontario | Leave a comment
bankruptcy and mortgage

Question: My husband’s name is not on the title of our house but the mortgage is in both our names. If he declares bankruptcy, would it affect our house if his name is not on the mortgage? Answer: If your husband does not own the house, the house is not…

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Bankruptcy and Judgement
By Bankruptcy Ontario Trustee
24 May 2013 | Category: Bankruptcy in Ontario | Leave a comment
bankruptcy and judgement

Question: Does going bankrupt also cover your debt if its been a judgement? I have a judgement against me with no required date to pay by. I have other debts and I just cannot sleep at night. Answer: Yes, in most cases a judgement is discharged if you file bankruptcy…

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Bankruptcy Affects Families
By Bankruptcy Ontario Trustee
08 May 2013 | Category: Bankruptcy in Ontario | Leave a comment
affects bankruptcy family

Job insecurity, housing costs and mounting debts have a devastating effect on families – not only emotionally but financially. In a recent study conducted by Hoyes, Michalos & Associates, one of Ontario’s largest personal bankruptcy and consumer proposal firms, six in ten insolvent debtors were families with an average household…

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