Homestead act and bankruptcy
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Forum Name: Bankruptcy and Proposal Info and Issues
Forum Description: Get your questions answered about bankruptcy and proposals
URL: https://www.canadastudentdebt.ca/forum_posts.asp?TID=1028
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Topic: Homestead act and bankruptcy
Posted By: Hunter2
Subject: Homestead act and bankruptcy
Date Posted: 06/May/2004 at 4:09pm
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Does anyone know if my signing the homestead act puts our house at risk if I eventually have to claim banruptcy? The mortgage and the landtitle are in my husbands name and his alone. The mortgage broker wants me to sign the act but I am hesitant to do so in case it puts our home at risk. There was mention of a waiver thus denying myself all rights enclosed in said act is this perhaps a safer route to go?
Please Help Laura |
Replies:
Posted By: Hunter2
Date Posted: 09/May/2004 at 6:29pm
No one has any idea's??? If anyone has a thought on this at all...or am I just being paranoid??? The mortgage is through the bank my sl was through...could they have looked up my information despite the fact I am not on the application?(God I hate living this way..sigh..... 
Thanks
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