Support Arrears

March 5th, 2013 by Questions

My ex and I are about to sign a separation agreement where it states he has to pay me an arrears payment. If he files for bankruptcy prior to signing it does it affect me? or if he signs it after he files does it affect me?

Posted from: Ontario


One Response to “Support Arrears”

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

Spousal and child support payments are one of the types of debt which survive a bankruptcy in Canada and thus must continue to be paid. Any arrears of up to one year before the date of filing or lump sum amounts are considered preferred and thus receive priority payments ahead of other creditors.

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