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Alger & Associates personal bankruptcy services are
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Grant Thornton Limited

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Calgary bankruptcy Q&A forum

Question:

 

Can someone else (parent) pay my mortgage or rent while I am bankrupt until I get back to work and can afford it myself? Or does that count as income against the exemption?


From:

 

Grant Thornton Limited

Date:

 

Jun 08, 2016

Answer:

 

Hello, A parent or family can help with your rent during bankruptcy. The exemption for a real property is for equity available in your principal residence that you own. If you have any questions please contact our office at 310-8888.

Susan Methuen
T 403-310-8888
susan.methuen@ca.gt.com

 

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