ccp benefits

November 16th, 2009 by Questions

will it be a surplus income if I received a lump sum during the 9 month period?

Posted from: Ontario

Questions

One Response to “ccp benefits”


November 17, 2009 at 9:32 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

This really depends on the nature of the payment. If it is related to your income (i.e. a bonus) then yes and the result is you would be able to keep 1/2 of it (due to the Superintendent’s surplus income provisions), if it is not related to your income you may loose the entire amount (i.e. lottery winning, or inheritance).

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