its not like he’s a CEO of a bank and has to be in a boardroom all day
I think Chantal has no idea what anyone's jobs are. Bc CEOS are not "in a boardroom all day," lol.
To a degree - that's understandable. Do most people not involved with it/ adjacent jobs know what people working in treasury management do day-to-day, or even in general? Or risk modeling? Corporate development? A lot of business jobs are obscure outside that world.
Someone who's been in/around sizable companies, sure - maybe, if they were people you had to interact with or what they did was a big deal in that company. Or had parents who were, or went to b- school/ got a business degree maybe. But otherwise who would?
I also know many SAH/ low-level or PT working spouses of CEOs and on down in business who have no idea what specifically their spouses really do even after 3+ decades of marriage.
Couldn't be me, but if either you have no frame of reference OR are just generally non-curious OR your spouse doesn't talk about it [OR your spouse doesn't really "do" anything except sit around and spitball while smoking shisha with his bros], and/or you've bought into some old world mob-style bullshit where business is "man's business," then I guess it happens.
In Chantal's situation, it's a combo: she is severely incurious; she's/they're doing the cultural Muslim larp; and he probably either doesn't share or can't/won't admit that 90% of what he does is hang time with his boys.
That said, if she's making CDN $1700/month payment and went through a regular personal bankruptcy process with standard timeliness (no idea if she did or if an alternative repayment period was negotiated, or which debts were not discharged, ofc), she must owe a LOT. Stupid but occasionally useful AI-assembled Google answers tells me:
For first-time personal bankruptcies and
- No surplus income [= can't make payments]: Bankruptcy lasts nine months
- Surplus income [= can make payments]: Bankruptcy lasts 21 months
Subsequent bankruptcies:
- No payments
Bankruptcy lasts 24 months for a second bankruptcy, and 36 months for any subsequent bankruptcies
- Payments
Bankruptcy lasts 36 months for a second bankruptcy, and 36 months for any subsequent bankruptcies
Also, per
RBC,
Most unsecured debts, such as credit card debt, personal loans and even CRA taxes may be discharged through the bankruptcy process. Student loans are not dischargeable. These are considered priority debts and are not included in the bankruptcy process.
Even if her repayment period was agreed to be shorter, say 9 months*, that's CDN $15,300 plus whatever the initial lump payment was. If it's 21 months, CDN$35,700 + initial; at 36, CDN$61,200 + initial. Oof.
That's^ assuming the monthly payments are even. What I saw in my brief look into it always referred to payments from "surplus income," so I guess it's possible it could vary on a periodic basis, based on what you earn in that period. It's also possible that the $1700 was a catchup payment if she hadn't been paying before.
