December 20th, 2007 by Questions
My wife is working – salary $60K/year GROSS.
I have not been working for about 1 year.
I have debt with CRA for $140K
I have debt with Credit cards for $50K
I would like to file for personal bankrupcy.
I have NO ASSETS, NO INCOME.
How is surplus income calculated and will I need to pay any amount while I am bankrupt.?
Will my wife need to pay anything to CRA ?
Will she be affected ?