bankruptcy
I understand that I may initially pay a trustee fee at the onset of the bankruptcy.
After completing the 21 months, it there another fee involved and, if so, how is it calculated.
Posted from: Ontario
I understand that I may initially pay a trustee fee at the onset of the bankruptcy.
After completing the 21 months, it there another fee involved and, if so, how is it calculated.
Posted from: Ontario
It sounds as if you need to meet with a local trustee as you sound to be confused about how the fees operate. Essentially there is one fee, it is either the minimum fee that is set by the trustee, or a higher amount should you have surplus due as a result of the Superintendent’s surplus income obligation, but there shouldn’t be another fee passed that. At any rate this will be clarified when you meet with the licensed trustee.