Port Colborne
Stopping Canada Revenue Agency Collections With an Automatic Stay of Proceedings Consumer proposals and filing for bankruptcy are two of the most common forms of debt relief. When you take either of these steps, under federal law, it creates an automatic “stay of proceedings.” What does this mean? Essentially, the individuals and businesses that you … Read more
Late Tax Returns & Bankruptcy in Canada Filing for personal bankruptcy in Canada isn’t a straightforward process in which you have unsecured debts discharged from your record. It is a significant legal procedure that impacts your financial status and prospect for several years. Consequently, you will need to satisfy several requirements before entering the bankruptcy … Read more
CRA Penalties: What Tax Penalties Could I Face? CRA, or the Canada Revenue Agency, imposes penalties on individuals and businesses who do not adhere to the tax filing and payment rules. Where possible, you would like to avoid having to pay these. If, however, you have tax debt problems, it is also helpful to know … Read more
How Can I Get CRA Debt Forgiveness For Income Tax Debts? When you have unpaid income tax, you might feel a lot of pressure to try and get it sorted. However, many people are unaware of the best course of action to take – no matter if they haven’t paid on time or filed their … Read more
CRA Collection Process: Is It Stopped By Going Bankrupt? Dealing with debt is often a stressful process, but it can be even more stressful when you’re dealing with the Canada Revenue Agency. Receiving a notice from the CRA can be upsetting, but it’s important that you understand your rights to understand what you can do … Read more
Owing Money to the CRA – Tax Debt Help Lots of Canadians are worried about owing money to the CRA. It’s not very hard to see why. The Canada Revenue Agency have great collection power at their disposal. If you owe them a lot of money, they have the potential to make life very challenging … Read more
Settle Tax Debts Without Battling the Canada Revenue Agency Every year many thousands of people living in Canada find themselves unable to pay the CRA (Canadian Revenue Authority) taxes they owe. In response, they often approach lawyers promising to fight the taxman on their behalf, but this might not be the best solution. Taking an … Read more
