disability pension lump sum payment

May 28th, 2012 by Questions

I have just filled for personal bankrupcy , I have just received confirmation that I will be receiving back pay in a lump sum for disabilty pension for the last previous year ,will I be abel to keep any portion of this money?

Posted from: British Columbia


One Response to “disability pension lump sum payment”

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

Unfortunately that is something you would need to discuss with your trustee. There is a possibility you could keep some, but there is equally as great of a likelihood that you lose it. Ultimately it depends on the Surplus Income Calculation and your trustee will be able to expand on that.

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