FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Name*

Phone Number*

Email*

This field is hidden when viewing the form

What's the best time to contact you?*

Location*

What city do you live in?*

Total Unsecured Debt*

*Unsecured debt includes credit cards, lines of credit, bank overdrafts, payday loans, and unsecured personal loans (excluding student loans). It does not include mortgages and car loans.

This field is hidden when viewing the form

Source

How can we help you?

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.

Agreement*

I understand that Bankruptcy-Canada.ca does not provide debt relief services directly and agree to securely share this information with a local Licensed Insolvency Trustee (LIT) for a free, confidential consultation.

Select Trustee By Province

Help please!

my spouse is in a sole propietorship business. the business owes revenue canada a substantial amount. The business & personal debt is overwelming us. what can he (we) do.

Share this post:

X (Twitter) Facebook Pinterest LinkedIn Email

One Response to “Help please!”

A licensed trustee said...

You have three obvious options.

First, you could try to work out payment arrangments directly with Revenue Canada.

Second, you could file a proposal to settle the debts. This option makes sense if you think the business may still be viable, or if you have other income.

Third, filing personal bankruptcy may be an option.

The correct option will depend on a number of factors, so you should contact a licensed trustee to fully explore your options.