Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More
Having only disability pension income, I will be required to make a monthly tax payment during my bankruptcy. My question is , `who` will hold onto this tax money? Also, I am afraid of the trustee estimating too high as this will result in a tax rebate which HE is entitled to keep. Posted from: […]
My trustee says i will have to pay $157 per month for surplus income, $23 for admin fee and $75 filing fee – that is it for my bankruptcy? how does the trustee make any money? is their not a bigger cost to file? I asked many times if that was the only cost, any […]
I have income of rougly 1700 a month. I am living with someone who makes $1200 month. Having been married and divorced before, the person I live with insisted that we sign a legal agreement that states that although we live together, all of our assets are separate and are not joint assets including our […]
I have just filed for bankruptcy. I have also been approved for long-term disability, the amount of which is $2,113/mo, which is just enough to pay bills and buy food. However, my LICO is $1,836, meaning I have a $227 overage. The paperwork we initially did was done using the LICO, leaving me -$166/mo, after […]
What would be the monthly cost (ball park) per month to file bankruptcy for 60,000.00 Posted from: Ontario
I was told that the surplus I have to pay after my 9 months is an amount that the trustee and the creditors have settled upon. How is this amount figured out? Posted from: Alberta
My wife is 7 months pregnant with our second child and about to go on Maternity leave. My wages are going to start being garnished next pay and we have no choice but to file jointly as we have 55000 total debts from credit cards and line of credit dept. My wife’s income and the […]
how do i start a claim of bankruptcy? i have no credit rating and it is old debts and student loans where do i start? Posted from: Saskatchewan
If I were to work outside the country during my bankruptcy, would the threshold used to determine surplus income change? Posted from: Ontario
My husband went bankrupt and had a meeting with the trustees. They explained that his `surplus income` was high and we need to pay $1150. That `surplus` income does not take in account any of MY debt that I still have and therefore we really don`t have enough money to pay that. Do we have […]
