by Rebecca Frederick | Nov 24, 2022 | Bankruptcy, Business, Consolidation Loans, Consultation, Consumer Proposals, Credit Card, Credit Counselling, Credit Rating, Credit Utilization, Debt Consolidation Canada, Debt Management, Joint Debt, Orderly Payment of Debt, Uncategorized
What is Joint Debt? Joint debts are liabilities where the obligation for paying the debt falls on more than one party. A person can become joint on a debt when they share ownership of an asset – for example joint on a mortgage that is co-owned – when lenders can...
by Rodney Hatcher | Feb 1, 2022 | Joint Debt
What is Joint Debt? Joint debts are liabilities where the obligation for paying the debt falls on more than one party. Lenders will sometimes require joint loans to add an extra party for collection if there is an issue with repayment. A joint debt can be: 1. A...
by Rebecca Frederick | Oct 16, 2014 | Credit Card, Credit Rating, Joint Debt
When you sign up for a credit card or loan you’re obviously on the hook for the debt. But what if you’re a second cardholder and someone else is the primary cardholder – what are your responsibilties? Read on – you are about to find out that the devil is in the...
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