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

2025-08-01

Transferring Assets Before Bankruptcy: Why You Should Consult a Trustee

Wesley Cowan

Bankruptcy

If you’re struggling with your finances and heading toward bankruptcy, you may think it makes sense to sell or transfer some of your assets.

Read More

2025-06-30

Who Can File For Bankruptcy

Linda Paul

Bankruptcy

There are several common scenarios which may cause you to wonder whether personal bankruptcy is an appropriate option to get out of debt.

Read More

2025-04-25

Top five mistakes to avoid when considering filing for bankruptcy

Jean-Francois Cliche

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

Consultation icon