Monthly income statement
October 17th, 2006 by Questions
I am currently in bankruptcy in BC and have another 3 months to report before I am discharged. This last week my wife who is not in bankruptcy lost her job and given severance of 4 months pay (net $10 000). When I fill in my monthly income sheet do I have to declare this one off payment. If I do can the licensed trustee take away this money as surplus income?? Even if she finds a job very soon?? How will this affect my income for eg. will all my income be counted as surplus or just my %?? I earn $2500pm
Any other advice will be welcomed, thanks.