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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.

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Can you include amount you owe to revenue in your bankruptcy?

Posted from: British Columbia

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One Response to “Can you include amount you owe to revenue in your bankruptcy?”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

Yes, you can include amounts owing to Canada Revenue Agency when you file bankruptcy. They are an unsecured creditor, they don’t fall into the list of Debts that are not released by bankruptcy. Now CRA is a more active creditor than many and depending on the percentage of your debt they may make an attempt to oppose your discharge. While this is not common it is possible and you are best to consult directly with a local trustee to determine if you at risk of this happening.