September 15th, 2009 by Questions
I have $60,000 in personal debt which includes $20,000 for my vehicle. I also owe over $100,000 in tax debt for unfiled returns for the last 10 years. I have never missed a payment on my personal debt, not once and have excellent credit. However, I have never addressed the tax debt and know I could never pay it. I think I should declare bankruptcy but I need my truck for work. It is secured through the loan and I need to know if I will be able to keep it. The book value is about $15,000.
Posted from: Ontario