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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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revenue canada debt

If i file for bankruptcy, will the debt I owe to revenue canada also be cleared up?? I owe approximately 10,000 on my personal taxes and i owe other debts and have no choice but to file bankruptcy. I was wondering if i will still have to pay off revenue canada`s debt as well

Posted from: Saskatchewan

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One Response to “revenue canada debt”

A licensed trustee said...

Government debts are included and “discharged” (eliminated) by bankruptcy. Things like income taxes, GST arrears, even Source Deductions for people that ran small businesses will be dealt with if you file for bankruptcy.