Discharge and excess income
March 22nd, 2008 by Questions
Are monthly payments from ex-common law partner considered income? How much can be paid before getting an automatic discharge?
One Response to “Discharge and excess income”
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.
March 24, 2008 at 8:44 am, A licensed trustee said:
Yes they are – any/all income is included when your trustee assess wheyher or not you are required to make a surplus income payment.
I’m not sure I understand the second half of your question – there is no mimimum or maximum amount that you will be required to pay in order to qualify for an automatic discharge.
An automatic discharge is available to any first time bankrupt that completes all of their required duties properly – your trustee will lay those out in detail for you before you file for bankruptcy.