Comments on: How to apply for bankruptcy in Alberta http://www.bankruptcy-canada.ca/bankruptcy/2010/03/how-to-apply-for-bankruptcy-in-alberta.html Personal Bankruptcy Canada Blog Fri, 10 Feb 2012 15:23:44 +0000 hourly 1 By: Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy http://www.bankruptcy-canada.ca/bankruptcy/2010/03/how-to-apply-for-bankruptcy-in-alberta.html#comment-114244 Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy Thu, 11 Mar 2010 15:39:54 +0000 http://www.bankruptcy-canada.ca/bankruptcy/2010/03/how-to-apply-for-bankruptcy-in-alberta.html#comment-114244 Yes, you can file for <a HREF="http://www.bankruptcy-edmonton.com/bankruptcy-edmonton.htm" rel="nofollow">bankruptcy</A> and be cleared from tax debt. While there is a category of <a HREF="http://www.bankruptcy-canada.ca/bankstatic/debts-that-stay.htm" rel="nofollow">debts that are not released by bankruptcy</A>, taxes do not fall into this category. The <a HREF="http://www.bankruptcy-canada.ca/whatIsBankruptcy.htm" rel="nofollow">bankruptcy process</A> is quite straightforward, and it all begins by meeting with a <a HREF="http://www.bankruptcy-canada.ca/emailUs.htm" rel="nofollow">local trustee</A>, so I recommend you have your friend do just that. The trustee will help her to understand the options available, what to expect and help her to put together a plan to deal the outstanding tax issue as best as possible. Yes, you can file for bankruptcy and be cleared from tax debt. While there is a category of debts that are not released by bankruptcy, taxes do not fall into this category.

The bankruptcy process is quite straightforward, and it all begins by meeting with a local trustee, so I recommend you have your friend do just that. The trustee will help her to understand the options available, what to expect and help her to put together a plan to deal the outstanding tax issue as best as possible.

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