July 27th, 2011 by Questions
I have file for bankruptcy for several years now but still remain undischarged. I had no income at the time of filing but had significantly higher income several years into the bankruptcy. I also accumulated a fair amount of savings. Would I be required to pay back the surplus income from the assets I’ve accumulated?
Posted from: Alberta
One Response to “Undischarge Bankruptcy”
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July 27, 2011 at 9:31 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
This is difficult to answer as it is now up to the court, but there is a very good possibility the court will require you to pay more to get your discharge. This will largely be as a result of your current ability to pay and due to the fact that you failed to comply on a timely basis the first time, but realistically it is impossible to know until your Trustee re-applies to court to request a discharge.