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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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surplus income during bankruptcy

how do i calculate surplus income for two adults and one child

Posted from: Nova Scotia

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One Response to “surplus income during bankruptcy”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

The answer to this question partially depends on who has filed bankruptcy, your, your spouse or the both of you jointly.

Here area a couple of good links that will help you to figure this out: see surplus income obligation and surplus income calculation.

I would also suggest you contact a local trustee as these calculations can often be a little confusing.