INCOME LIMIT

April 3rd, 2009 by Questions

I am a single person and my monthly income is under the limit set by the Office of the Superintendent of Bankruptcy.

If I am able to save $ 100.00 a month can my trustee request that I pay the $ 100.00 into my estate or by law am I entitled to keep the savings?

Posted from: British Columbia

Questions

One Response to “INCOME LIMIT”


April 04, 2009 at 9:51 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

As long as you are below the income limit set by the Office of The Superintendent of Bankruptcy and you are able to make the minimum payment that is required by your trustee, if you are able to save a little each month it would be encouraged and the money wouldn’t be at risk of seizure.

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