2025-09-04
Will Bankruptcy Erase All Of My Debt?
Bankruptcy
The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.
Better To File Bankruptcy Jointly With Spouse Or Separately
2009-10-23
You can file a bankruptcy jointly with your spouse if most of the debts are in both names and if the Trustee agrees that a joint filing is in your best interests and the best interests of your creditors. If you are living together now, you may still be eligible to file jointly. If you're separated, probably not. Even if you file together, your discharges are separate. However, there may be some obligations in the bankruptcy that both of you have to fulfill in order for either of you to get discharged. For example, if one spouse provides proof of income and the other doesn't, it's likely that both will not be able to get their discharges. Judy Scott Meyers Norris Penny Limited Port Moody - Burnaby 604-949-2100 [email protected]
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