March 19th, 2012 by Questions
if i declare personal bankruptcy, what are the arrangements with revenue canada? what if i owe them money at the time of bankruptcy?
Posted from: Ontario
March 19, 2012 at 12:36 pm, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
The rules with taxes and a bankruptcy are very straightforward. If there is anything owing up to the date of the bankruptcy for taxes, it is automatically cleared by the bankruptcy.
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