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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 Super Intendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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tax deduction

I file for a consumer proposal in 2010, can I claim it as a tax deduction

Posted from: Quebec

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One Response to “tax deduction”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

There is no tax deduction associated with the filing of a consumer proposal. The payment should be coming from your available net income and has nothing to with taxes.