2009-04-06
Hello, There is no limitation on how much money you can earn while in bankruptcy. However, there are surplus income guidelines established by the Superintendent of Bankruptcy under which an individual is required to pay into a bankruptcy estate a percentage of their income that is above the guideline or threshold. For example, the standard guideline for a household of one is currently 1,870 and the guideline for a household of two is $2,328. These amounts are net of tax deductions. Surplus income may also be reduced by certain non-discretionary expenses such as child support, alimony, health-related expenses, fines or penalties, and certain employment-related expenses (e.g. a truck driver’s meals on the road). Discretionary expenses such as groceries, rent/mortgage, utilities etc. are not applicable in calculating the amount of surplus income. For more information contact an MNP Trustee in your area. Brad Milne Trustee in Bankruptcy Brandon, Manitoba
2025-11-17
November 16-22, 2025 is National Addictions Awareness Week (NAAW) in Canada. Every year, organizations across the country observe this important week and do what they can to help those who may be struggling with addictions, while raising awareness and sharing information as to how family and friends can create support networks.
2025-11-13
Debt Solutions
Many may feel ashamed, embarrassed and completely overwhelmed about their debt. People experiencing debt-related stress often suffer from many associated health issues, such as sleepless nights, headaches, tension and more. And feeling out of control when it comes to managing their debt payments often prevents people from taking control of their financial situation. Not all debt results from overspending, living beyond one’s means, frivolous behavior or money mismanagement. To answer your questions about the stigma of debt, and to learn about the options available to you, tune into our Stigma of Debt VLOG series below with MNP's Licensed Insolvency Trustees.
2025-11-12
Bankruptcy Consumer Proposal
Summer fun doesn’t have to come with a hefty price tag.
