Prior to bankruptcy

December 11th, 2009 by Questions

If I lost my job and got 8 weeks severance prior to going to see a trustee. Do I have to disclose this amount to the trustee.

Posted from: Quebec


One Response to “Prior to bankruptcy”

, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

Yes, if you received severance you definately need to disclose this to your trustee. Full disclosure is absolutely essential to the process, and failure to do so can have very significant consequences.

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