What is included

If I file for consumer proposal will my partner`s income be included to determine the payment?

Posted from: British Columbia

One Response to “What is included”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

It will be included to estimate what the cost of filing a bankruptcy would be (i.e. do you have anything that is due under the surplus income obligation). Then the offer you must make under the proposal must provide more than is available to your creditors in the bankruptcy scenario. So indirectly yes, your spouses income is needed to do this.