Bankrupcy

May 8th, 2010 by Questions

I have been out of work for 15 months…i have been sick (in/out) of hosptal since nov (6 times-48 days) and am awaiting surgery on my pancreas. If i declare bankrupcy….(i had been paying off a proposal for 18 months but cannot maintain it any longer) will my tax dept be included? Someone told me Rev CDN is a preferred creditor and it would not be included in any bankrupcy??..thanks

Posted from: Ontario

Questions

One Response to “Bankrupcy”



, A licensed trustee said:

CALL YOUR TRUSTEE and explain to them your situation and ask for options. CRA (formerly Rev Can) has no special priorities – they are treated like every other creditor that you owe money too.

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