2010-03-28
The most important point to make is that you are not liable for your spouses debt, ever, unless you have guaranteed or co-signed the debt. Accordingly your husband's creditors cannot pursue you for the debt, only him, and can only garnishee his wages (of which he has none) or seize his non-exempt assets. Please feel free to contact me and I will advise which assets are, and are not, exempt. If you have power of attorney, or have been appointed by the court, you can also, if necssary, have him placed in bankruptcy, file a proposal etc. Ian Schofield MNP Regina 306-790-79004
2025-04-25
Debt collection can be a daunting experience for many Canadians. Navigating the process alongside MNP’s team of experts can help you better understand how it will impact your credit score and gain the knowledge needed to maintain your financial health well into the future.
2025-04-25
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.
2025-04-24
Filing a Consumer Proposal can feel overwhelming, but it’s not the end of your financial journey.
