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21 month discharge

This is my first bankruptcy and i’ve been paying $200 a month. Having had excess income i went from 9 months too 21 months. I’m now at the end of my 21 months and i’ve been told that i owe $2500 because i had excess income in that period. It doesn’t show that i’ve failed any obligations but i don’t understand why i have too pay another $200 a month for another year?

Posted from: British Columbia

One Response to “21 month discharge”

A licensed trustee said...

Your talkng about two different things. (1) based on your income the period that you are responsible to pay surplus income is 21 months. This is a mathematical calculation that your trustee should be able to show you. (2) the amount you still have to pay at the end of the 21 months is determined by subtracting what you have already paid from the amoutn determined in point (1). Most trustees set your payments such that at the end of the 21 months you’ve paid in full – I have no idea why your trustee didn’t, but until you’ve paid the amoutn due under point (1) you will remain bankrupt. Sorry, but that’s how it works.