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maintaining separate households: surplus income

I’ll be declaring bankruptcy, then getting married within the year. My future wife and I will continue to live in separate provinces (I’m in Ontario) until we can both find work in the same location. How will this affect the calculation of my surplus income? Although married, I will still essentially be a household of one

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One Response to “maintaining separate households: surplus income”

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

For the purposes of the Superintendent of Bankruptcy’s Surplus Income Guideline a bankrupt’s family unit includes is defined as â€œany persons who reside in the same household and who benefit from either the expenses incurred or income earned by the bankrupt, or who contribute to such expenses or earnings. A person who does not reside in the same household shall be considered as a member of the family unit if the person benefits from, or participates in, the bankrupt’s income or expenses.â€ As such the key is how you and your spouse will be using income, if you will be entirely self supporting as will she, then you would be defined as a household of one.