Another advantage for the lender: No matter how tough things get for troubled borrowers,
federal law prevents them from escaping their bills through
bankruptcy for at least another seven years.
It observed that nothing in the Family
Law Act or the
federal Bankruptcy and Insolvency Act specifically prevents a spouse from making a claim for equalization of NFP after declaring b
Bankruptcy and Insolvency Act specifically
prevents a spouse from making a claim for equalization of NFP after declaring
bankruptcybankruptcy.