FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

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If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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Wages

Does fostering children count as income? These funds are not taxed through the government. I don`t file these funds come tax time.

Posted from: Manitoba

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One Response to “Wages”

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

Yes, any money received from fostering is considered income. It makes no difference if the monies coming in are taxable or not they must be considered when determining the cost of bankruptcy and whether or not you will have to pay according to the Superintendent surplus income guideline.