our areas of law

debts & loans

How are debts and loans divided?

It is not unusual for marriages to suffer because of a family’s financial difficulties, growing debt-loads, loss of employment and many other events that may occur that place undue financial stress on the marriage.

In some cases, the financial stress may cause conflict and separation. It is in these situations that a spouse who turns to a lawyer for legal advice discovers that Ontario property law may not require spouses to share their family debt if one spouse’s net worth is less than zero.

In order to find out how to protect your financial future after divorce, Book a Session at 416-489-8890 with Mr. Benmor to ensure that you are well-informed and financially secure.

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