If you file for bankruptcy your ex-spouse may be affected if you have a joint mortgage. Your bankruptcy will remove you from your responsibility to pay that debt, however, it does not:
One of the leading causes of divorce in Canada is financial mismanagement. And one of the leading causes of bankruptcy is divorce.
When it comes to having a baby, people tend to talk most about how you won’t be able to sleep for the first few months and how your social life will suffer. The financial impact of having a baby is less talked about yet needs serious consideration.
BONNIE ASKED: I am getting out of an abusive relationship. I don't have money to pay any of the collection notices I have gotten. What should I do?
Personal debt issues are a common concern touching people everywhere.