personal bankruptcy, incorporated company, and taxes
March 26th, 2009 by Questions
I am from Windsor -On
I am truck driver and i was open incorporation and paying my self like subcontractor
I no have the truck, i drive someone truck, and he pay to me like subcontractor
I lost the job in February and cant fine the job because economy down.
I file my incorporation tax and i owe to
Revenue Canada 3700 dollars after everything
Like subcontractor i earn only 12 thousand from incorporation.
I have to many debt personally like mortgage credit cards and more.
I no have job and i mast file personal bankrupt.
I have 2 kids and wife
My question is if i file personal bankruptcy
and i am director of incorporation whats happened if incorporation doesn`t pay the many to Revenue Canada.
Does the revenue Canada collect many from my personally or sue me.
Its this danger to discharge my personal debt and after discharge can they sue me or something.I no have asset on incorporation and nothing owe to nobody
only tax to RCA.
Posted from: Ontario