FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

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If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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Bankruptcy and C.L Spouse

If I file for bankruptcy, how does this affect me as far as the income my common law spouse brings in? Is this calculated in surplus income? Is he included in the number of persons in the household?

Posted from: Ontario

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One Response to “Bankruptcy and C.L Spouse”

A licensed trustee said...

Assuming that your spouse resides with you, their income will be added to the household income total and they will be counted as a person living in the household. This means they will increase the trheshold of income the household is allowed before you have to make surplus income payments, but their income will alos increase the total income being considered.