Focus on Insolvency: Military Danger Pay Not "Income" Under BIA
Date:
August 30 2007
In
Re: Duffney [2007] N.B.J. No. 125 (N.B.Q.B.) the bankruptcy Court considered whether danger pay received by a member of the Canadian Military stationed in Afghanistan was "income" within the definition of paragraph 68(2)(a) of the BIA which reads "total income … includes … all revenues of a bankrupt of whatever nature or source".