Bankrupty Of Ex Spouse

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

Latest Blog Posts

2025-08-14

How to budget for summer vacation

Marianne Steele-MacSween

Vacation costs can add up quickly without proper planning. This guide can help you budget so that you can make the most of your trip without overspending.

Read More

2025-08-05

How to budget when you’re unemployed

Lindsay Burchill

Bankruptcy Consumer Proposal

Losing your job can be frustrating and, even more so, managing your financial wellbeing while you’re unemployed. However, you can successfully navigate the situation with the right budgeting tips.

  • First steps to take when you become unemployed
  • Managing your expenses
  • Seeking professional help

Read More

2025-08-04

How to Deal with Unexpected Medical Expenses

Nicole Polak

Since it’s impossible to predict or prevent most medical conditions or emergencies, the best way to handle them is by planning and preparing for them.

Read More

Consultation icon