Were we misled?

April 26th, 2012 by Questions

Both my husband and I declared bankruptcy in January. We were told at our initial bankruptcy meeting that they would look at our income and expenses as a family of 5. Today I find out that they are not only looking at us as a family but are also seperating us. As a family we do not have a surplus, but when you seperate us I have a surplus of $154. When you combine us (a family of five) our surplus is just over $50. I know that you are allowed $200 surplus before they take anything. I was told that if I earn over this I could go to 21 months while my husband would stay at 9 months. I am the higher wage earner, but it is child tax that is pushing me over. Should my husband be declaring the child tax instead?
I am quite confused and feel a little misled in this process, and wished this would have been communicated. What I want to know is, does this sound right to you?

Posted from: British Columbia


One Response to “Were we misled?”

, A licensed trustee said:

Contact the local Office of the Superintendent of Bankruptcy to discuss your concerns. They will likley suggest mediation – this is used whenever there is a disdagreement between the bankrupt (you) and your trustee regarding how much surplus you should be paying.

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.)