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If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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Filing Taxes after filing a consumer proposal

I filed a consumer proposal in January and I have just finished doing my 2008 taxes, would my refund go to the trustee or would I get that?

Posted from: Ontario

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One Response to “Filing Taxes after filing a consumer proposal”

A licensed trustee said...

Unless you already owe CRA income taxes from prior years (in which case they will keep your refund) your refund will be mailed to you. Tax refunds are automatically lost when you file for bankruptcy – not when you file for a proposal.