FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

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If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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self-employed debts

I recently closed my business, owned soly by me, I owe for almost a year of PST and 6 months worth of GST for the business, I was considering doing a proposal but im not sure whether moneys owed to the government can be included. also if they are not able to be included in a proposal, can they be included in bankruptcy?

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One Response to “self-employed debts”

A licensed trustee said...

PST, GST and all other government debts may be included in either a proposal or bankruptcy, in fact, they have to be included when you file.

Take a few minutes to summarize your debts and write out a budget (how you spend you money each month) and then find a local trustee to discuss which procedure makes more sense for you.