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Bankruptcy Question & Answer Forum - Alberta
Author: |
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Marion |
Date: |
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May 13, 2009 |
Question: |
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I am looking into the process of filing for bankruptcy and need to know if my first payment would be due on application or the following month. Thank you for your time.
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From: |
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Karen Rideout, Alger & Associates Inc. |
Date: |
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May 13, 2009 |
Answer: |
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The answer will totally depend on your income level and whether you have surplus. Generally surplus is paid on the 10th of the month following the date you file. If there is no surplus then a deposit is normally required in the amount of the first payment - usually $215.00.
Karen Rideout
phone: (403) 296-2973
karen.rideout@ca.gt.com
If you wish to talk to one of the Alberta bankruptcy professionals at Grant Thornton Alger Inc., you can call us TOLL FREE from anywhere in Alberta at 310-8888. After hour appointments at our Alberta bankruptcy offices are available.
Contact our Alberta bankruptcy trustees
for a free initial consultation
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This site provides free information about personal bankruptcy and alternatives in Alberta. Calgary Bankruptcy, Edmonton Bankruptcy, Alberta Bankruptcy, Canada Bankruptcy
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