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Hello, My husband's and my name is on land title of our house. However, mortgage is on my name only. If he files bankruptcy would that affect my credit and house? Thanks



Grant Thornton Limited



Apr 21, 2016



Hello, The Trustee will review the equity available in the real property. If that house is the principal residence and it currently have less than $40,000 in equity then a bankruptcy will not affect the house or the mortgage. Hope that answers your concern. If you have additional questions please do not hesitate to contact our office.

Susan Methuen
T 403-310-8888


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