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Posted on Tuesday, November 04, 2008

Pending Wedding to someone who is bankrupt

Question: I am engaged to someone who is filing bankruptcy. My credit is solid and I have no financial issues. Will my credit be negatively affected by marrying someone who has filed bankruptcy?

Answer: No, your credit is not affected by your spouse's bankruptcy. However, in the future, your spouse will not be as good a co-signer for you if they had not gone bankruptcy.

For more information, please see this article on Does Filing for Bankruptcy in Canada Affect my Spouse?

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