Will my spouse going bankrupt affect the properties I own?

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Will my spouse going bankrupt affect the properties I own?Will my spouse going bankrupt affect the properties I own?

I own three properties other than our principal residence. My spouse may have dower rights in the property I owned when we were first married but does not have dower rights in the other two.

Will these properties be subject to her bankruptcy?

If a release from dower rights was signed, would this ensure I won’t be impacted by the bankruptcy?

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This is a complicated area of the insolvency law.

I suggest you retain an Insolvency lawyer to advise you on this.

You can find insolvency lawyers at the following link:
http://www.canadianlawsite.ca/canadian-bankruptcy-insolvency-lawyers.htm

– Earl Sands, Licensed Insolvency Trustee (LIT)

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