October 31st, 2011 by Questions

My wife and myself have claimed bankruptcy in May of this year 2011 …I am the only employed spouse….We pay a trustee $400 a month as part of bankruptcy agreement……I now have been diagnosed with terminal illness and my wife is in hospital for over a month now with a blood infection. Is there any thing in the bankruptcy act stating we can get a break from paying the trustee on compassionate grounds……Its been tough financially ……

Posted from: Ontario


One Response to “Confused”

, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

Unfortunately, there is no compassionate grounds covered in the Bankruptcy and Insolvency Act, but your payment should be directly tied to your income. So if there has been a reduction of income then you payment will be adjusted, but unfortunately there is no mechanism for the cost to be reduced due to difficult living circumstances / changes in health.

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