In Canada, the new surplus income rules mean that if you earn over a set amount, you will be paying more while bankrupt, and your bankruptcy will last longer.
If you have good income, but also have high debts, it is important that you explore all bankruptcy alternatives to avoid paying a huge amount while bankrupt.
There are pros and cons to both options, but in general it's a good idea to avoid bankruptcy if possible. Consult an expert in the United States or Canada for more information.
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