These minimum cost of living standards are calculated based on national data compiled by Statistics Canada. These standards are based on national averages and don't take into account regional differences in the cost of living. Our view is that this is an inherent flaw in the bankruptcy system, but one that we are required to work with.
If you have neither assets or surplus income (for example, if you are single and earn less than $1,836 net per month, you wouldnt have any surplus income obligation), then the trustee would charge you a basic fee for administering your personal bankruptcy. This fee will vary from trustee to trustee, depending on local market conditions, but is usually in the range of $1,600 to $2,000 and can be paid over a 9-month period. More.
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