November 18th, 2012 by Questions

If I rent from a family member and there is no rental agreement between us just verbal agreement on what we pay, how do I prove the amount I pay every month

Posted from: Ontario


One Response to “carol”

, A licensed trustee said:

Your living expesnes (like rent) affect your budget and cashflow, but they do not affect how much na bankruptcy may cost you, or how much you need to offer your creditors if you file a consumer proposal. Obviously you need to be able to afford whatever payments are going to be required if you file, but no one is likely to make a big deal out of the fact that you don’t have a lease.

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