If you owe money to Canada Revenue Agency (Revenue Canada) for income taxes, GST, or employee remittances, these debts can be eliminated by filing a bankruptcy in BC. Filing a bankruptcy or a Consumer Proposal are the ONLY options for eliminating or negotiating debt to Canada Revenue Agency (Revenue Canada).
Bankruptcy will also stop further collection actions such as a wage seizure or bank account freeze.
In the event Canada Revenue Agency has registered as a secured creditor against your real property (real estate) or your personal property (furniture, vehicle, etc.), we can review with you in detail the rights and remedies of Revenue Canada in your specific situation.
Meet with a Licensed Insolvency Trustee today to learn more about options to deal with tax debt.