Trustee fees, filing fees, and counselling fees are regulated by the government. The Trustee is usually paid out of the funds from the liquidation of your assets. If you have no assets available, the Trustee will require a retainer or require that you arrange monthly payments to pay the Trustee’s fees and disbursements. In the simplest cases, this amounts to about $1,420 plus counselling costs and GST (roughly $1,800 total). Sands & Associates offers payment plans that allow you to make payments over a period of time.
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Find answers to more commonly asked questions about Bankruptcy in our FAQ section.