March 8th, 2006 by Questions
I just declared bankruptcy last week. I am also awaiting a decision for CPP disability benefits. If I am approved and receive a retroactive payment during my discharge period, how is that to be handled? How much of it can I expect to have go to my trustee? Would the month I receive it in be considered surplus just for that particular month. As it is now, my monthly income is below the allowance for a single person.
What would happen if a retroactive payment from CPP is received AFTER my discharge period? Would I then not have to worry about any disbursements going to my trustee?
Thanks in advance for answering my questions. When I posed these questions to my trustee, the answer given was very vague. I want to make sure things will be done as per protocol.