Supporting family during a bankruptcy

November 19th, 2008 by Questions

I support my old mother and widowed sister who live in another country by sending them $3000 a year. I now have to declare bankruptcy due to marriage breakdown resulting in financial problems. I was wondering how my support payments to my mother and sister be viewed in bankruptcy? Will I be able to continue to send that money during the bankruptcy?

Posted from: British Columbia

Questions

One Response to “Supporting family during a bankruptcy”


November 19, 2008 at 10:34 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

As long as you can afford the cost of your bankruptcy and your living expenses there is no problem with you sending money to another country to support family.

I would recommend you sit down with a local trustee, together review your finances, make sure you explain the situation and see if there is a way that it can be worked out.

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