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Senior and in debt

I am 64 and owe several thousand to CRA for income taxes for 2006, 2007, 2008. I live with my daughter and have no assets as previously declared corporate bankruptcy in 2005 (lost everything).

I am considering declaring personal bankruptcy. If I do, can CRA garness any CPP and OAS payments that I am/will receive?

Posted from: Ontario

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One Response to “Senior and in debt”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

If you file for bankruptcy all your creditors, including CRA, loose the ability to garnish your wages due to the Stay of Proceedings that is in place.