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If I file for bankruptcy is my child tax benefit lost.

will i get a child tax beifet if i got bankrupt or will it still go based on my tax return

Posted from: Ontario

One Response to “If I file for bankruptcy is my child tax benefit lost.”

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

If you file for bankruptcy you will still get your Child Tax Benefit (CTB). The CTB is not lost like the tax refunds or GST cheques, but it is used when calculating the cost of bankruptcy pursuant to the Superintendent Surplus Guideline.