mr. gilles charest
July 3rd, 2013 by Questions
I ave a question about cpp long term disability when u do a bankruptcy.if i apply for the cpp in may 2011 and if i get retroactive payment from cpp.is the bankruptcy is in title of the amownt i get from them.ps.My bankruptcy was dated june the 14th 2013 of this year. thank you hope u can answer my question.
Posted from: New Brunswick
One Response to “mr. gilles charest”
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.
July 03, 2013 at 5:56 am, A licensed trustee said:
You want to look up Directive 11R2 2012 – Surplus Income. It will explain how this retro-active payment will be handled. Basically, some portion is going to have to be paid to your trustee for the benefit of your creditors. The reasoning goes something like this, if you had received the money when it was due you either would have used some to reduce your debt or you may not have accumulated as much debt.