What are some things that are relevant for people to understand?

Uh, I think one of the most important things that people have to understand, uh, when they're going through the separation or divorce process is they conflate the idea of their share of equity in the home, I guess the way the, the title of the home is legally registered, with their share of responsibility towards the joint debt.

And those two things couldn't be farther apart from each other just because, and in most cases in Canada, uh, when you're buying a home as, uh, a married couple, the bank will require you to go on title as joint tenants, and joint tenants implies equal ownership, 50/50.

And they'll take that 50/50 ownership theory, and they'll apply it to the responsibility of the liability, in this case, the mortgage, and that's not true.

And that's usually where things start to fall apart.

The bank, the lender, they don't care what your legal ownership is in the property.

You are both 100% responsible for that debt.

How do you talk that through? How do you navigate that? At what point should that be- that couple be connecting with a, a mortgage professional like you or with the, you know, the lender at the bank directly?