If I move in with someone before discharge, when does my trustee consider me to be common law?

460 viewsBankruptcy
0
0 Comments

If I move in with someone before discharge, when does my trustee consider me to be common law?If I move in with someone before discharge, when does my trustee consider me to be common law?

CRA rules state I am common law after living together with a partner for one year. What are the rules for bankruptcy? I am not sure how moving in with someone will affect my income and expense reports.

Do I include his income and expenses on my reports as of the date we move in together?  Or do I do so after a certain waiting period?

We intend to keep all expenses separate and split utilities, etc equally.

Facebook Comments
Changed status to publish
0

Under the Bankruptcy and Insolvency Act you are considered to be in a common law relationship, if you have lived together for one or more years.

The following is given under the “Definitions” section of the Bankruptcy and Insolvency Act:

“common-law partner”, in relation to an individual, means a person who is cohabiting with the individual in a conjugal relationship, having so cohabited for a period of at least one year;

Yours truly,

Earl Sands, Licensed Insolvency Trustee

Facebook Comments
Answered question
You are viewing 1 out of 1 answers, click here to view all answers.
Facebook Comments