2025-10-13
Managing debt through divorce: What to consider
Debt Solutions Lifestyle Debt
When relationships end, shared debt can become a lasting burden. Here’s what to know about your responsibilities, risks, and financial options.
2010-07-08
The answer to your question likely depends on timing.
Before you can “win” a settlement, there would be an action. If the action arose prior to filing your proposal and/or prior to court approval of the proposal, you need to disclose that to the proposal trustee if didn’t already. Ultimately, your proposal trustee would be in a position to advise you further based on the specific circumstances.
If the action arose after court approval of the proposal, then there is generally no action required on your part, unless the terms of the proposal require you to disclose post-proposal activities/monies received, etc.
Either way, I would recommend that you discuss this with your proposal trustee so that you can obtain a correct answer based on your specific situation.
2025-10-13
Debt Solutions Lifestyle Debt
When relationships end, shared debt can become a lasting burden. Here’s what to know about your responsibilities, risks, and financial options.
2025-10-06
MNP Consumer Debt Index
Ontarians’ financial vulnerability is intensifying as persistent economic uncertainty, concerns about borrowing costs, and employment anxiety weigh on household confidence.
2025-10-06
MNP Consumer Debt Index
The financial vulnerability of Saskatchewan and Manitoba residents is intensifying as their financial cushions shrink and more households edge closer to insolvency.