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

"*" indicates required fields

Name*

Phone Number*

Email*

This field is hidden when viewing the form

What's the best time to contact you?*

Location*

What city do you live in?*

Total Unsecured Debt*

*Unsecured debt includes credit cards, lines of credit, bank overdrafts, payday loans, and unsecured personal loans (excluding student loans). It does not include mortgages and car loans.

This field is hidden when viewing the form

Source

How can we help you?

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 Super Intendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

Agreement*

I understand that Bankruptcy-Canada.ca does not provide debt relief services directly and agree to securely share this information with a local Licensed Insolvency Trustee (LIT) for a free, confidential consultation.

This field is for validation purposes and should be left unchanged.

Select Trustee By Province

CPP disability & Bankruptcy

My husband and I had gone bankrupt in Aug/07 I was discharged in June/o8 He was discharged in Dec/08 as it was his second time. We paid off our Bankruptcy in Aug/08.In Jan/08 my husband had to apply for Cpp disability after 2 & a half years they have just informed us they have excepted his case and he will have retro active pay from May/08 coming to him.What we would like to know will bankruptcy take this money from us or because our depths where owing in the year 2007 and before and we did not know he was going to have to apply or even get his CPP because of his health issues in 2008 untill now .
going to have to apply or even get his CPP because of his health issues in 2008 untill now .
Thanking you ahead of time
Lynn

Posted from: Ontario

Share this post:

X (Twitter) Facebook LinkedIn Email

One Response to “CPP disability & Bankruptcy”

A licensed trustee said...

An argument can be made that the retro benefits from May to Nov should go to your creditors, but that is likely all you could lose. Did you tell your trustee that your spouse had applied for CPP in Jan 08, or did you fail to mention that? It may make a difference how this is all handled.

I suggest you call the trustee that was hanbdling your file and discuss this with them. Better to work things out in advance – rather than have the government decide to simply all the money to your trustee…