Child Tax Benefits and Bankruptcy

July 28th, 2005 by Questions

My husband and I both declared personal bankruptcy and are to be discharged in September 2005. We are going to receive back-payment of Child Tax Benefits dating back to 1998 (we were unaware that we had never applied). It is quite a bit of money and will receive it about 10 days prior to discharge. Will we loose this money?

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One Response to “Child Tax Benefits and Bankruptcy”



July 28, 2005 at 8:14 pm, Anonymous said:

You have to declare it and if it is above your monthly allowed surplus income chances are you will have to forfeit it to your creditors.

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