October 23rd, 2010 by Questions
CRA collections is trying to recover $50,000+ for debt owing from EI overpayment. I am not able to pay this amount and wondering what my options are for resolving this matter?
Posted from: Ontario
October 24, 2010 at 9:28 pm, A licensed trustee said:
When people usually ask about EI they owe a fe hundred, or even a couple of thousand dollars. Given the size of your debt I suggest you contact a lawyer and then, depending on what the lawyer tells you, a trustee.
If CRA claims your EI overpayment is the result of misrepresentation or fraud then filing for bankruptcy won’t help – that’s why you need to speak a lawyer first. If the lawyer tells you the debt wasn’t caused by misrepresentation or fraud then you can speka to a trustee about your options.
Log in to Reply
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.