Reimbursement For Expenses After Bankruptcy

After you file for bankruptcy, you will provide your Trustee with a report each month accounting for all of your income, and all of your expenses. In month #1....you would be reporting a medical expense. In month #2....you would be reporting a reimbursement of that expense. The net effect over the 9 months of your bankruptcy is a wash. You have no "net" income to report. In fact, if your group plan doesn't cover 100% of your expenses, you will have a net expense to report. Don't hesitate to contact one of our Trustees in your area if you want to discuss the specifics of this reporting. Donna Carson, CGA, CIRP, Trustee Calgary, Airdrie, Drumheller regions 1.877.500.0792    donna.carson@mnp.ca