Скачать или смотреть Tax Debt: If their tax debt is overwhelming and they can't pay it, what options do they have?

Owing Canada Revenue Agency (CRA) money can be overwhelming — especially because the government has greater powers to collect outstanding debts compared to other creditors. The bad news is many of the rumours you may have heard are true: CRA can charge highly punitive penalties, withhold certain government benefits (e.g., child tax benefit, employment insurance, Canada Pension Plan, etc.) freeze your accounts, and garnish wages without a court order. The good news is there are several ways to permanently overcome debts owing to CRA, including proceedings under the Bankruptcy and Insolvency Act (BIA) such as Bankruptcy and Consumer Proposal. Find out in Part Three of our #TaxDebt VLOG Series. #DefeatDebt #TaxSeason

The road to becoming debt-free starts with a free confidential consultation with an MNP Licensed Insolvency Trustee. Visit us today.

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