Can I Include Income Tax Debt In My Bankruptcy in Durham, Ontario?

Описание: https://rkillen.ca/consumer-proposals..., Richard Killen, a Licensed Insolvency Trustee with offices in Durham region (Pickering & Oshawa) talks about whether a person’s income tax debt can be included in a personal bankruptcy in Ontario.

Many people are surprised to learn that an income tax debt, an ordinary income tax debt is something that you can include in a bankruptcy or can be taken care of in a consumer proposal in Ontario. The people of Durham and from across the Greater Toronto Area ask me that question often.

They find it hard to believe that ordinary income tax debt is treated as a debt. There is nothing special about the fact it is a debt owed to the government. A debt to the government (Revenue Canada) is not anything special in a bankruptcy situation. Therefore, in a bankruptcy in Durham. Pickering or anywhere in Ontario, a tax debt is dischargeable.

If you are behind on your taxes or are have other debt problems, consider talking to one of our trustees. We can help you review all your options for debt relief.

Contact us for a fresh start (905) 420-6565
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Richard Killen and Associates have 10 locations across the Greater Toronto Area.

Our Durham office is located at:

Richard Killen & Associates Ltd
1410 Bayly Street, Unit 6, Pickering, ON L1W 3R3, Canada

Tel: (905) 420-6565
https://rkillen.ca