Sometimes, circumstances beyond control, result in inability to make CRA payments. As amounts owing continue to accumulate, there is a certain time point when CRA goes ahead and exercises its unlimited power and resources to collect all those amounts owed including heavy interest penalties levied on those tax dollars. CRA authority includes but not limited to putting lien on personal property, freezing assets and garnishing wages. While it is everyone’s hope that the situation gets better and individual will be able to repay any obligations, too often, we find that too much time has passed without taking any action.
We offer to review your situation early on so as to allow for better plan and faster recovery!
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