Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More

Free Consultation

provincial court fines and banruptcy

I have over $100,000 in fines personally due to charges of failing to remit PST forms for my corporation.
I am considering filing bankruptcy for the second time, will I be able to eliminate the outstanding fines ?

One Response to “provincial court fines and banruptcy”

A licensed trustee said...

Court ordered fines are generally not dischargeable in a bankruptcy. Back taxes are dischargeable in a bankruptcy.

If you have been charged and fined by the court, it is unlikely that these fines will be discharged in a bankruptcy. However, you should consult a trustee for further information, and to review your specific case.