Cost of bankruptcy in Montreal

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Filing for bankruptcy in Montreal, Quebec involves a number of costs, but the basic cost will depend on your family’s monthly income, the size of your family, and your assets. We highly recommend contacting us for a full explanation of the costs involved.

Here is a list of some of the necessary costs:

• A donation to your estate to cover the cost of mailing, administration, and court and government filing fees.
• A portion of your “surplus income” into your estate. If you and your family earn over a particular amount each month, you will lose some of your earnings over that limit. Contact a bankruptcy trustee in Montreal for assistance in calculating these numbers.
• Note that you will also lose some of your assets, as well as any tax refunds or GST credits you would normally receive during the time of the bankruptcy.
• You will also lose any windfalls (lottery winnings and inherited money) you acquire during the process.

Please contact us today for a thorough explanation of the costs.

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