ccp benefits

November 16th, 2009 by Questions

will it be a surplus income if I received a lump sum during the 9 month period?

Posted from: Ontario


One Response to “ccp benefits”

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

This really depends on the nature of the payment. If it is related to your income (i.e. a bonus) then yes and the result is you would be able to keep 1/2 of it (due to the Superintendent’s surplus income provisions), if it is not related to your income you may loose the entire amount (i.e. lottery winning, or inheritance).

Please post a follow up comment below:

(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)