image

Hamilton (905) 769-2005

Perhaps you’re familiar with the theory that the biggest causes of divorce are infidelity and money problems. While this is hard to prove, divorce and debt is a major factor that must be taken into consideration when considering ending a marriage. The Vanier Institute of the Family estimated in 2013 that 41% of marriages in

In 2016, “Tara” divorced her husband. But what she didn’t separate from was their joint debt. During their marriage, Tara’s ex-husband David had taken on more and more debt, even opening credit cards in Tara’s name and one credit card where he was the secondary cardholder, but Tara was the primary. The cards paid for