Question: I own a home (with a mtg)in my name. It has been like than for 3 years. I am married and my husband is not on title. He is thinking of going bankrupt. Is my house safe from his bankruptcy. I live in Ontario.
Answer: Your house is probably safe. The key issue will be whether or not the house was ever in your husband’s name. If it was, then the issue will be whether or not he was knowingly insolvent when it was transferred to your name. You should discuss this with a bankruptcy trustee or lawyer to review your specific situation.