Property Taxes

June 30th, 2009 by Questions

If one is has no equity in their house but wants to keep the home. Can the outstanding property taxes on the property be discharged under bankruptcy?

Posted from: Ontario


One Response to “Property Taxes”

, A licensed trustee said:

No, property tax arrears cannot be dealt with by bankruptcy. In Ontario, if you fall three years in arrears with your property taxes the property may be seized by the municipality and sold to recover the taxes. Bankruptcy cannot stop this process.

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