2025-09-04
Will Bankruptcy Erase All Of My Debt?
Bankruptcy
The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.
Surplus Income Calculation For A Family Of 5
2009-06-13
The amount allowed for basic living expenses for a household of 5 is currently $3,941. So, that amount is deducted from the household income and the amount you would be expected to pay based on your income would be a percentage of what's left over. If you'd like to have a look at the Government Directive that sets out the amounts and the calculation, here is the link: Surplus Income Directive If you have any questions about the calculation, feel free to get in touch with me. Judy Scott Meyers Norris Penny Limited [email protected]
Latest Blog Posts
2025-09-02
How to budget when you’re living paycheque to paycheque
Lifestyle Debt Debt Solutions
You already know the many benefits of skilled money management. The fact you’re reading this blog post says at least that much. Your challenge, like for most households, is how to navigate the seemingly infinite demands on your frustratingly finite income.
2025-09-02
MNP’s Atlantic Canadian guide to affordable fun
Lifestyle Debt
Have fun on a budget with our guide to affordable activities in Atlantic Canada.
