Cost of Bankruptcy Articles - Archive: 2011

Have I misunderstood something? If my surplus income is $200 or less, I do not have to pay anything to the estate and my bankruptcy is over in 9 months. But if my surplus income is more than $200 then I must pay 50% of the surplus income per month to the estate for 21 [...]

am I required to be working in order to file for bankruptcy? Posted from: Alberta

I signed a form with my trustee that outlined my payments as $900.00 plus $150.00 for court costs which I paid in full. Now they tell me that the government rules say I must pay almost $1800.00. I went bankrupt in September of 2008. I finally have a court date on Sept 14 th just [...]

My common-law spouse brings in $1400/month and I bring in $1900/month. I need to claim bankruptcy but my cl spouse doesn’t want to include his income. He doesn’t want to claim bankruptcy. We have an arrangement whereby he pays the rent and I pay the rest, including my personal debts. The total I owe is [...]

I have been paying surplus income for 15 months but now am told I owe almost $3000. more. I cant’ pay it before October discharge so it will have to go to court(another $600.). I dont understand what this entails and my trustee is ignoring my emails. I am sure this was never explained to [...]

Does anyone know what the maximum amount of money a trustee can take from someone who goes bankrupt? Posted from: British Columbia