question category: Bankruptcy

will the trustee touch my income if it happen i earn more money?about declaring bankrupt.
Submitted on: 29th Jan 2009 by Non-Member | Total Answers: 2

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Will the trustee touch my income if it happen i earn more

Here's a link that will help you - income payment agreement

Best of luck.

Submitted on: 30th Jan 2009 by TA Member

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Re: will the trustee touch my income if it happen i earn ...

You must be scrupulously honest while bankrupt. A bankruptcy petition is a sworn affadivat and bankruptcy is a legal status with rules. You have a duty to inform your trustee of any changed to your income. It doesn't mean you will pay more, but if you don't disclose it you could be subject to a bankruptcy restriction order.

Submitted on: 30th Jan 2009 by Darren Member

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