Filing for bankruptcy in Manitoba does not directly affect your spouse. Everyone is responsible for their own individual debt, so your spouse will not be directly affected by your bankruptcy. They will only be responsible for the debts that they develop themselves. Getting married or living in common law does not present an obligation or give you responsibility for your partner’s debt.
However, there is one exception to this rule. If your spouse has co-signed a loan, they may be indirectly affected by the bankruptcy. Some banks require a co-signor before giving loans. If your spouse has co-signed, they may be held partially responsible. They could even be held responsible for the complete amount.
If all of your debts are in your name, your partner will not be held responsible, and their credit rating will go unaffected. However, it is important to note that the bankrupt spouse may not be able to co-sign in the future due to the bankruptcy.
Be cautious of joint or supplementary credit cards. You may trust that your credit card is under only your name; however, if your spouse has a card with their name on it, or if they have used the card, they are likely responsible for the balance owing on that card.
These matters are complicated. It is often difficult to determine if a credit card is a joint card, or just a supplementary card.