Cost of Filing Bankruptcy in Saskatoon, Saskatchewan

The basic cost of filing bankruptcy varies according to the debtor’s personal situation. Consulting a bankruptcy trustee for a detailed explanation of all of the costs is highly recommended. Below we provide a list of things that can influence the total cost of a bankruptcy in Saskatoon.

• A contribution to your estate to cover mailing costs, administrative costs, court fees, and government filing fees.
  
  
• A share of your “surplus income” into your estate. If you or your family earn over a given amount each month, you will lose a part of your earnings over that limit. Consult a bankruptcy trustee for help in calculating these numbers.
  
  
• Keep in mind that you will lose some of your assets, and any tax refunds and GST credits you would normally get during the bankruptcy period. You will also lose any windfalls (inherited money, lottery winnings) you receive throughout the process.

To conclude, the cost of a bankruptcy in Saskatoon will depend mostly on monthly income, family size, and assets of a person filing. For assistance in figuring out the exact cost of filing bankruptcy in your case, please contact our bankruptcy trustee office in Saskatoon today. We are the largest bankruptcy firm in the province, and can book you for a free initial consultation in as little as 24 hours.