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

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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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taxes

why does the trustee’s company do your taxes and keep your income tax for two years when you file bankruptcy

Posted from: Nova Scotia

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One Response to “taxes”

A licensed trustee said...

By law your trustee will receive your refunds for the year you file for bankruptcy and any prior years. So if you were to file bankruptcy today, your trustee would receive your 2010 refund and your 2011refund next year. That is simply how it works.