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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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Self-Employed in Alberta & Saskatchewan

My home is based in Saskatchewan, but I work in Alberta and Saskatchewan. I understand that for a family of 5 I am permitted to make $3600 per month (please correct me if I am wrong). Will the fact that I also have business expenses be taken into the equation and possible permit me to make more than $3600 during my bankruptcy?

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One Response to “Self-Employed in Alberta & Saskatchewan”

Barton Goth, GCO Inc. Bankruptcy Trustees said...

According to the 2005 Superintendent guideline, you are able to make $3,603.00. When you do the associated calculation it is based on your net family income so as long as the expenses can be quantified you shouldn’t have an issue.