CPP and Company Pension Plan
If I declare Bankruptcy, will I loss the money that I am currently living on from my Company Pension Plan and my CPP.
Posted from: Nova Scotia
If I declare Bankruptcy, will I loss the money that I am currently living on from my Company Pension Plan and my CPP.
Posted from: Nova Scotia
No, you won’t lose money that is being recieved each month through your company pension plan or your CPP. However, those funds are used to determine the cost of your bankruptcy. For more information on how your income can impact the cost of bankruptcy see the following link: surplus income obligation.