provincial court fines and banruptcy

November 28th, 2006 by Questions

I have over $100,000 in fines personally due to charges of failing to remit PST forms for my corporation.
I am considering filing bankruptcy for the second time, will I be able to eliminate the outstanding fines ?

Questions

One Response to “provincial court fines and banruptcy”



November 28, 2006 at 6:59 pm, A licensed trustee said:

Court ordered fines are generally not dischargeable in a bankruptcy. Back taxes are dischargeable in a bankruptcy.

If you have been charged and fined by the court, it is unlikely that these fines will be discharged in a bankruptcy. However, you should consult a trustee for further information, and to review your specific case.

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