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

"*" indicates required fields

Name*

Phone Number*

Email*

Hidden

What's the best time to contact you?*

Location*

What city do you live in?*

Hidden

Source

How can we help you?

Phone

This field is for validation purposes and should be left unchanged.

Select Trustee By Province

CRA Lien

CRA filed a lien against our home for $31K personal personal taxes my husband owes to them. The house is in both or names and I owe no taxes to them and in good credit standing. He filed a proposal after the notice and was told it’s to late to reverse the CRA lien. How can I protect myself and how will this affect my credit. i would like to sell the home and repurchase another home in my own name.

Posted from: Ontario

Share this post:

X (Twitter) Facebook LinkedIn Email

One Response to “CRA Lien”

A licensed trustee said...

By registering a lien on the house, CRA made themselves a secured creditor, at least to the extent of your husband’s share of the hosue equity. If sell the house now, when the deal closes the CRA lien will be paid before any funds are released to you or your husband. This is something you need to tell the lawyer hanbdling the sale for you BEFORE you list the property.