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Canadian Law & Modern Day Foreign Brides
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Finances – Bank Accounts and Debts

Bank accounts will be divided in a similar way as the matrimonial property and are governed by the same provincial legislation. This is also the case with debts, regardless of whose name the debt is in. You are both responsible for the settling of the debts while you were together. Matrimonial property and finances are not decided at the date of separation but at the date of settlement (when the divorce is final). Therefore, remember to protect yourself from being responsible for debts not incurred by you during your separation.

  • Separation
  • Divorce
  • Implications for Sponsorship – Application Being Processed
  • Implications for Sponsorship – Permanent Resident Status Granted
  • Matrimonial Property
  • Finances – Bank Accounts and Debts
  • Financial Support
  • Children During Separation and Divorce

Caution

This site gives you accurate legal information as of 2007.
If you need legal advice, please contact a lawyer.
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The Centre for Public Legal Education respectfully acknowledges that we are located on Treaty 4, 6, 7, 8 and 10 territories, the traditional lands of First Nations, Métis, and Inuit.

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  • About
  • Before Getting Married
    • International Arranged Marriages
    • International Dating and Matchmaking Agencies
    • Location of Your Marriage Ceremony
    • Questions to Ask
    • Visiting Your Future Husband Before Marriage
    • Your Future Husband – His Marital Status
    • Your Future Husband’s Expectations of a Wife
  • Canadian Law
    • Areas of Laws of Importance to Foreign Brides
    • Brief Introduction to Canadian Law
    • Canadian Charter of Rights and Freedoms
    • Sources of Laws
    • What is the role of the police?
    • Who Does the Law Apply To?
    • Who makes the law?
  • Children
    • Children During Separation and Divorce
    • Legal Obligations of Having Children
    • Status of Children Born in Canada
    • Your Husband Sponsoring Your Children
  • Coming to Canada
    • Length of Processing Sponsorship Application
    • Permanent Resident – Sponsorship
    • Sponsorship – Common-Law and Conjugal Partner Relationships
    • Temporary Resident / Visitor Visa – Application Process
    • Temporary Resident / Visitor Visa – Screening Requirements
  • Links
  • Living in Canada
    • Abuse or Violence in the Family
    • Eligibility for Student Financing
    • Filing Income Tax Returns
    • Getting Canadian Citizenship
    • Government Benefits Programs
    • Health Benefits – “Medicare”
    • Legal Aid
    • Studying in Canada
    • Where to Get Help
    • Working
    • Working While Waiting for Sponsorship to be Approved
  • Marriage Breakdown
    • Children During Separation and Divorce
    • Divorce
    • Finances – Bank Accounts and Debts
    • Financial Support
    • Implications for Sponsorship – Application Being Processed
    • Implications for Sponsorship – Permanent Resident Status Granted
    • Matrimonial Property
    • Separation