2025-08-25
Owe the CRA money? Steps to help you get back on track
Owing the government money can be very intimidating as it's assumed the government has a limitless ability to collect the debt through any means necessary.
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
2025-08-14
How to budget for summer vacation
Vacation costs can add up quickly without proper planning. This guide can help you budget so that you can make the most of your trip without overspending.
2025-08-05
How to budget when you’re unemployed
Bankruptcy Consumer Proposal
Losing your job can be frustrating and, even more so, managing your financial wellbeing while you’re unemployed. However, you can successfully navigate the situation with the right budgeting tips.
- First steps to take when you become unemployed
- Managing your expenses
- Seeking professional help
