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To calculate the amount of your voluntary deposit, you must first establish your gross monthly income by adding together all your income . More specifically, this income stems from: work income (as…

As the debtor, for as long as you comply with your undertaking your creditors will not be able to seize your property or income or sue you, and prescription of their right of action against you is…

Once you have established your gross monthly income , you must calculate the seizable portion, which is the amount you will pay as a voluntary deposit. To calculate the seizable portion of your…

If one of the debts listed in your voluntary deposit declaration is for support payments, the seizable portion of your income (your income minus your exemption) is 50% instead of 30%. This special…

The interest rate that can be charged on the debts listed in your voluntary deposit statement is limited to the legal rate of 5%. The difference between the contractual interest rate (for example,…

Deposit and distribution of the amounts deposited When and how to deposit the sums seized Know the timing and payment methods for voluntary deposits. Show more Calculating your gross monthly income…

When you register for voluntary deposit you undertake to deposit an amount corresponding to the seizable portion of your income , at the office of the Court of Québec, on a regular basis. You must…

Neither a creditor nor a collection agency can threaten, harass or attempt to intimidate a debtor for any reason. A creditor cannot engage the services of a collection agency if the debtor has…

To register for voluntary deposit, you must go to the office of the Court of Québec in the judicial district of your choice, generally the district where you have your home or workplace. Registration…

The clerk can register your declaration at the office of the Court of Québec only if it contains the following information: your first and last names; your contact information; the name and address…