taxes
My common law husband wants to file for bankruptcy. I dont want him too. He owes $16,000 in taxes and $7,000 in GST. He hasn`t saved up that kind of $$$. He has about $3,000 in savings. He wants to declare bankruptcy – but I want us to find a way out. Is there anyway to do this without filing bakruptcy?
Posted from: British Columbia
He should start by discussing payment options with CRA before he decides to file for bankruptcy. If he can’t make a deal with CRA then he should speak to a trustee to see what other options he has.