are debts owed to CRA treated the same as other debts

December 26th, 2005 by Questions

In a personal bankruptcy, if there is an amount owing to CRA, is that amount treated the same as other debt (ie. credit card debt, mortgage)?

Questions

One Response to “are debts owed to CRA treated the same as other debts”



December 28, 2005 at 9:06 am, A licensed trustee said:

Yes in a personal bankruptcy in Canada debts owed to Canada Revenue Agency (formerly Revenue Canada) are treated the same as other debts.

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