If my husband and I file for joint bankruptcy
is there any possible savings on trustee’s fees. Or we each pay the same 1800.
We have about 25,000 equity on the house, but I don`t think that should be a big problem, am I right about that?
Thanks for your help
At September 24, 2008 |
7:11 am
, Barton Goth GCO Bankruptcy Trustees Said...
It may be possible for you and your husband to file a joint bankruptcy and save on fees, but to do this your debts need to be substantially the same. If you contact a trustee directly we can look at things to determine whether or no this will be possible.
As for the equity in the house, you are right, because the province allows you to claim up to $40,000 as exempt you have no concern.
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