by freshstartbc | Jan 27, 2020 | Bankruptcy, Consumer Proposal, Income Tax, Save Money
We may have just celebrated the new year, but that doesn’t mean it is too early to start worrying about our income taxes. Our income taxes are something that most Canadians don’t necessarily look forward to, but with the knowledge of what tax...
by freshstartbc | Oct 17, 2019 | Bankruptcy, Budgeting, Consumer Proposal, Insolvency, surplus income
When you make an assignment into bankruptcy, you are required to make a surplus income payment. This is a contribution to your estate each month based on your monthly net take home income. Somewhat of a confusing term, as surplus income is based on your net take home...
