I Am Living Common Law With A Person Who Is Bankrupt And Pays Surplus Income Amounts Each Month. I Am Not Bankrupt. Does the Bankrupt Also Have to Include EI Payments I Receive and/or My Student Loan or MPI Rebate Cheque As Part of His Income?

2011-05-16

Author: Bradley Milne

Bankruptcy

The monthly income and expense form is to be used to document household income and expenses.

""

Any money coming in and going out should be documented.  Keep in mind that the surplus income calculation is based on the percentage of household income accounted for by your spouse ( as well as number of people in the household).

Bradley Milne

Bradley Milne

CIRP, LIT

Senior Vice President

Servicing: Brandon, Killarney, Portage la Prairie, Neepawa, Virden, Souris, Deloraine

Latest Blog Posts

2025-11-11

Who will know I’ve filed for Bankruptcy?

Jean-Francois Cliche

Bankruptcy

You may be considering filing for Bankruptcy — and worried about who may find out. Learn who will be notified when you declare Bankruptcy. 

Read More

2025-09-04

Will Bankruptcy Erase All Of My Debt?

Mary Plahouras Rob Shier

Bankruptcy

The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.

Read More

2025-08-01

Transferring Assets Before Bankruptcy: Why You Should Consult a Trustee

Bankruptcy

If you’re struggling with your finances and heading toward bankruptcy, you may think it makes sense to sell or transfer some of your assets.

Read More

Consultation icon