2010-04-15
A creditor generally has the right to come after a co-signer if the creditor has not been paid. This is the case even if you paid your share to your ex-husband but he did not forward those funds to the creditor.I would suggest you call the creditor and advise of the situation and hopefully they will settle the debt on compassionate grounds. If they are not willing to settle the debt on satisfactory terms, you may wish to consider filing a consumer proposal or an assignment in bankruptcy. Please call one of offices to discuss your alternatives and their respective advantages and disadvantages. Marvin Zweig MNP Richmond Hill Direct Line 289.695.4388
2025-06-19
With the school year beginning and thousands of Canadian students beginning a new semester of post-secondary studies, all those hard-earned dollars from summer gigs are now being applied to tuition, books, transportation, housing, and supplies.
2025-06-18
The cost of daily goods has been rising over the past few years — increasing the price of food, gas, clothing, and many other essential items that Canadians need in their day-to-day lives.
2025-06-16
Bankruptcy Alternatives to Bankruptcy
Let’s review what a Consumer Proposal is, as well as the pros and cons of filing a Proposal, to help you determine if it’s the right solution for your unique situation.
