When common-law couples separate, they may be surprised to discover there is no legislative formula for dividing or distributing their debt. Creditors are not obliged to release debtors after separation, so it is not uncommon for one spouse, perhaps the one with better credit, to bear the burden of the …
Transparency in Insurance: The Impact and Legal Implications of Non-Disclosure
Navigating the world of insurance can feel like venturing into a maze, but there’s one rule that stands tall amidst the complexity: the duty to disclose. In Ontario, the Insurance Act requires full transparency when applying for insurance. Section 183(1) of the Insurance Act makes it clear that all relevant …