Personal Debt Solutions Canada - Frequently Asked Questions
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Canada Revenue Agency – Canadian Tax Debt
Canadian Tax debt is a complicated issues and has special rules and regulations under the Canadian Bankruptcy and Insolvency Act. Most CRA debt can be erased in either a bankruptcy or in a proposal but there are certain exceptions and CRA do have enhanced collection powers.
I can’t pay my tax debt to Canada Revenue Agency (CRA). What can I do?Answer
I prepared my tax return and it looks like I have a large amount to pay, but I don’t have the cash to do this? If I file this, will Canada Revenue garnish my wages? What can I do?Answer
I was expecting a big tax refund, but instead received nothing. The assessment states that the funds were transferred to a debt I owe. How is this possible? Can I get it back?Answer