bankruptcy and lien

November 19th, 2009 by Questions

if goverment lien your property and then you file bankruptcy.do they seize your house and sell it and can you still live in it.

Posted from: Ontario

Questions

One Response to “bankruptcy and lien”



, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

Once a statutory lien is placed on your property this is a charge that survives the filing of a bankruptcy.

So if you do not make arrangments to pay the amount associated with the lien CRA is well with in its rights to seize and sell the property in question.

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