Can I File A Bankruptcy With A Joint Mortgage?

2008-03-15

Bankruptcy

Person talking on a cellphone looking at spreadsheets on their laptop

As long as the mortgage payments continue to be made, there will be no effect on the credit rating at all. If you do have to file bankruptcy, you should call the bank/ credit union/ mortage company holding the mortgage and let them know that the payments will be made. 

Latest Blog Posts

2025-04-25

Top five mistakes to avoid when considering filing for bankruptcy

Bankruptcy

Filing for Bankruptcy is a significant decision that can provide a fresh start for Canadians overwhelmed by debt. However, it’s essential to approach this process with caution and awareness to avoid common pitfalls and make informed decisions to protect your financial future. 

Read More

2025-04-11

Who will find out about my Bankruptcy?

Jean-Francois Cliche

Bankruptcy

Considering Bankruptcy and wondering who could find out? Rest assured; your information will stay mostly confidential.

Read More

2024-09-25

What happens if I don’t fulfill my duties during a Bankruptcy?

Nora Edwards

Bankruptcy

If you’re going through a personal Bankruptcy, one of your main goals is to obtain your discharge — that is, to have your debts cleared so you can start fresh.

Read More

Consultation icon