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
2026-07-13
MNP Consumer Debt Index
Atlantic Canadians (68%) are more likely than those in other provinces to say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
2026-07-13
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, three in five Canadians (61%) say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
2026-07-13
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, nearly three in five British Columbians (58%) say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
