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bankruptcy and lien

if goverment lien your property and then you file bankruptcy.do they seize your house and sell it and can you still live in it.

Posted from: Ontario

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One Response to “bankruptcy and lien”

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

Once a statutory lien is placed on your property this is a charge that survives the filing of a bankruptcy.

So if you do not make arrangments to pay the amount associated with the lien CRA is well with in its rights to seize and sell the property in question.