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