2008-11-19
Hello, If title to the house is in another person's name, it would not be considered an asset in your bankruptcy estate. For example, if your wife owned the house before you met and you simply moved into her residence this should not be an issue. At the same, one must be very careful about transactions occuring before bankruptcy. For example, you cannot transfer title to another person simply to protect it from your creditors in a bankruptcy. Such a transaction may be investigated and reversed by the bankruptcy trustee. Brad Milne, CIRP Trustee in Bankruptcy Brandon, Manitoba
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.
