Surplus Income Bankruptcy Calculator 2018

Calculate your monthly surplus income payments in 3 easy steps to determine what it might cost to file bankruptcy. This will provide an estimate of additional payments you may have to make in a bankruptcy.

To confirm what your surplus income payments will be, talk to one of our Ontario bankruptcy trustees. If your surplus payments are high, our Licensed Insolvency Trustees can talk to you about other debt relief options to lower your monthly payments.

Step 1: Enter the number of people in your family

Select Family Size (including yourself):

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*Your Monthly Income Threshold is:

$2,152
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*The monthly income threshold defines the portion of your income that you are allowed to keep. Thresholds are set by the Superintendent of Bankruptcy and are based on your family size.

The monthly income threshold defines the portion of your income that you are allowed to keep. Thresholds are set by the Superintendent of Bankruptcy and are based on your family size.

Step 2: Enter Your Monthly Family Income


Step 3: Enter Your Monthly Family Deductions

Your total monthly income or total monthly debts cannot equal 0.

Monthly Surplus Income Payment =

The actual calculation for surplus income can be quite complicated and can affect the length of your bankruptcy. A consumer proposal can help you avoid high monthly surplus income payments. Contact a trustee to learn more.

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