Reporting Monthly Income And Expenses

2009-11-25

Hello, It appears that you are referring to an individual's responsibility to report their monthly income and expenses while in bankruptcy.  In accordance with Directive 11R2 - Surplus Income, which is issued by the Office of the Superintendent of Bankruptcy, an individual must report the monthly earnings and expenses of each member of the family unit for the entire period of bankruptcy.  The family unit includes, in addition to the individual in bankruptcy, any persons who reside in the same household and who benefit from either the expenses incurred or income earned by the bankrupt, or who contribute to such expenses or earnings. Brad Milne, CIRP Trustee in Bankruptcy Brandon, Manitoba

Latest Blog Posts

2025-03-05

Two in five Newfoundland and Labradorians fear they may never be debt-free, acknowledge needing help, but are too embarrassed to seek it out

Greg Gosse

MNP Consumer Debt Index Lifestyle Debt Debt Solutions

According to a new survey conducted by Ipsos on behalf of MNP LTD, two in five Atlantic Canadians acknowledge they need help to get out of debt (43%).

Read More

2025-03-05

Two in five New Brunswickers fear they may never be debt-free, acknowledge needing help, but are too embarrassed to seek it out

Tara Silliker

MNP Consumer Debt Index Lifestyle Debt Debt Solutions

According to a new survey conducted by Ipsos on behalf of MNP LTD, two in five Atlantic Canadians acknowledge they need help to get out of debt (43%).

Read More

2025-03-05

About one-third of Saskatchewan and Manitoba residents fear they may never be debt-free; acknowledge needing help, but two in five are too embarrassed to seek it

Pamela Meger

MNP Consumer Debt Index Lifestyle Debt Debt Solutions

According to a new survey conducted by Ipsos on behalf of MNP LTD, three in 10 (29%) Saskatchewan and Manitoba residents acknowledge they need help to get out of debt. 

Read More

Consultation icon