Tax Debt Collection

September 17th, 2012 by Questions

My elderly parents want to add myself and my brother to their bank accounts. I owe money to Rev Cda, my question is can Rev Cda take the money I owe from this account even though there are 4 people listed on the account. The other 3 do not have any outstanding account with Rev. Cda.

Posted from: Newfoundland and Labrador


One Response to “Tax Debt Collection”

, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

If I were you I wouldn’t put my name on the account. CRA is not your average creditor and they have wide sweeping powers that permit them to freeze or seize the funds in any account your name is on. Now you may be able to demonstrate that these funds aren’t yours, but it would be a hassle to do so. As a result I would keep your name off of the account.

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