Search site             Home line  About us line  Contact us line  Ask an expert   line  Forms line  Corporate recovery      

bankruptcy trustee

Same team, new name

Alger & Associates personal bankruptcy services are
now provided by
Grant Thornton Limited

Receive a callback from one of our bankruptcy and debt help experts


Alberta bankruptcy Q&A forum



Hi I currently have approximately $35,000 in credit card and line of credit debt. I'm having great difficulty making my payments and am seeking options including credit counselling or bankruptcy. The biggest worry I have is that I co-own and have mortgages 2 properties with my father, we have the mortgages together. If I filed for bankruptcy for my personal debt, would it affect the mortgages & properties I co-own with him?



Grant Thornton Limited



Mar 04, 2016



Hi Moe, In Bankruptcy, the value of the properties will be reviewed to determine if there are any non-protected equity that may be available for your creditors. The Creditors are not entitled to the full amount but your portion of the interest. If there are no equity available and you and your father are able to continue with the monthly obligations then you may keep them. If you have any additional questions please do not hesitate to contact our office at 310-8888.

Susan Methuen
T 403-310-8888


For debt help and bankruptcy in Calgary, Edmonton, and throughout Alberta, call TOLL FREE from anywhere in Alberta: 310-8888
We're here until 9 PM weekdays and 9 AM to 4 PM on Saturday to take your call



All locations

© 2011 Grant Thornton Limited • All rights reserved

back to Bankruptcy Alberta home

Confidential callback from a bankruptcy professional

Please call me

As soon as possible
Today at
Next business day at

My Phone # 


Ask for