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Alger Bankruptcy Services


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Alger & Associates personal bankruptcy services are
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Alberta bankruptcy Q&A forum

Author:

 

Stephanie

Question:

 

My spouse may have to go bankrupt. I read on sites that I will not be affected but he says that they could Look at my taxes for next three years and count my income or something. What does this mean? I never signed any of the debts. They are all his. I don't get it. Help


From:

 

Grant Thornton Limited

Date:

 

Apr 24, 2014

Answer:

 

Stephanie I suggest you and your spouse make an appointment together for a consultation so you can obtain clarification on your position. Simply put if you are not a borrower or co borrower or guarantor of the debt you are not liable. If your spouse declares bankruptcy, you can choose not to disclose your income which may have an impact on the amount your spouse is required to pay into the bankruptcy on account of his income. The impact of your non disclosure of income can be estimated for you. Thanks for the question.

Marie Kozlowski
T 403-296-3082
Marie.Kozlowski@ca.gt.com

 

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