Blog Posts

Can you inherit debt if a family member dies?

Typically when someone dies, their personal debt does not get passed on to surviving family members. Their debt belongs to them and them alone; it is not passed on to their family members when they die.

December 6, 2017

Bankruptcy, Debt and Relationships

Debt After Divorce

Managing debt after divorce can be overwhelming for many people. Take solace in knowing that you’re not alone.

August 27, 2017

Debt and Relationships

Filing Bankruptcy Without Your Spouse

I have many married couples ask me if one spouse can file bankruptcy without it affecting the other. The answer always depends on their personal situation.

August 8, 2017

Consumer Proposals, Bankruptcy, Debt and Relationships

If my ex-spouse files bankruptcy, will it affect our joint mortgage?

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:  

April 30, 2017

Bankruptcy, Asset Concerns, Debt and Relationships

Financial Recovery After Divorce

One of the leading causes of divorce in Canada is financial mismanagement. And one of the leading causes of bankruptcy is divorce.

May 13, 2016

Consumer Proposals, Bankruptcy, Money Management, Debt and Relationships

4 Financial Lifestyle Changes To Make Before A Baby

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.

October 16, 2014

Money Management, Debt and Relationships