Cost of Bankruptcy Articles - Archive: 2009 Page 2

If I receive $12000 in severance pay in July and file for bankruptcy in Sept will it be considered surplus income?, and will I be required to pay some of it into the bankruptcy? Posted from: Nova Scotia

If a single person is only allowed $1800 a month and the rent/utilities etc comes to more than that amount, what happens? Posted from: British Columbia

How much is a bankruptcy really supposed to cost? Say a person has a takehome income of maybe 1500-1600 dollars, take off rent, about a thousand, utilities, another 150-200 a month, car insurance, maybe 120 a month. Then of course if you have a child , you need to buy food , right? ok, forget [...]

If my husband and I declare joint bankruptcy and we have two children what is considered… no examples included both joint and with children our joint monthly income is 3400 Approximately we both have irregular shifts and can make more or less in a month Posted from: British Columbia

I am a single person and my monthly income is under the limit set by the Office of the Superintendent of Bankruptcy. If I am able to save $ 100.00 a month can my trustee request that I pay the $ 100.00 into my estate or by law am I entitled to keep the savings? [...]

I am considering using a trustee who has informed me even if I meet all the requirments I may not be discharged for an additional 12 months. Why would this be as I am a first time bankrupt? Should I get another consultation? Posted from: British Columbia

My wife and I are living under the same roof the house is under both names.we have 2 kids she wants nothing to do with me till i get my spending under control and get help, we have refin 2 times to get me out of my debt but this time i am on my [...]

I have separated from my husband have no job our house is up for sale and my husband wants to file for bankrupcy,I feel the need to do the same. We do not have a separation agreement as yet and with three children in my care I need to know what is the best course [...]

can you declare bankruptcy if you have a well paying job? Posted from: Ontario

A person needs desparately to file for bankruptcy. However this person is in such poor health, is unable to work, and lives on $500 and something per month and is unable to pay for her filing. Please advise. Posted from: Ontario