Dealing With CERB Repayments? Facing A Wage Garnishment?
We Can Help.

Owing money to the CRA is stressful, tax debt can be very difficult to manage, and a wage garnishment can cripple your budget. We can get you back on track with a solution for tax debt reduction or complete elimination. Dealing with a wage garnishment? Our debt solutions will stop it immediately to help you get a financial fresh start.

Tax Debt

If you’ve been told you have to repay CERB, are already struggling to repay your existing income tax debt, or are scared to file your returns for fear of how much more you will owe, it’s time to talk to someone about it. Getting tax debt help is the best way to discover your options and become debt-free.

A common misconception is that bankruptcy or consumer proposals cannot help with tax debt in Canada – they can.

The only way to stop the interest and penalties on your tax debt is to talk to a Licensed Insolvency Trustee about debt solutions such as a consumer proposal or bankruptcy. We have the expertise to guide you through the process, free you from the burden of tax debt, and give you a financial fresh start.

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How To Get Help Resolving Tax Debt

Unfortunately, it is not always easy to resolve a tax debt problem on your own. Especially if you cannot afford the repayment terms on CRA arrears balances that continue to incur interest and penalties.

The most important thing to do is seek help as soon as you know that you won’t be able to repay your tax debt by the deadline. A Licensed Insolvency Trustee will be able to review your situation and provide options for dealing with all of your debt – including any tax debt owed to CRA.

A consumer proposal or a bankruptcy may be the debt solution you need to reduce your interest and get rid of your debt. Both options can reduce or eliminate the income tax debt that you owe, helping you obtain a fresh start.

Don’t Wait for Tax Debt Forgiveness

Rita had both consumer and tax debt. She asked CRA for tax debt forgiveness because her income was really low and she had a medical condition keeping her from work. Next she tried asking her brother for money. She figured her next step would be to obtain and pay off a loan for her tax debt. She didn’t want to consider bankruptcy but it turned out to be her best option. Rita qualified for a low-cost bankruptcy that she could afford and in 9 months she was free from all debt – not just her tax debt.

Wage Garnishment

Have you been served with notice of a wage garnishment for an unpaid debt? You’ve probably never seen one before and you probably don’t know what to do next. Chances are you’re also panicking and experiencing distress while thinking about losing a percentage of your regular paycheque.

You need advice and the best place to start is with a Licensed Insolvency Trustee. Schedule a FREE consultation to review all of your options. We know how to stop a wage garnishment immediately. In fact, the only way to successfully stop a wage garnishment is with the help of a Trustee. If you need help stopping a wage garnishment and dealing with your debt problem – we have the solutions that will lead you to freedom from debt.

How To Get Help Resolving A Wage Garnishment

You may have already tried to stop a wage garnishment and found that it isn’t easy to do. Once a creditor has won the right in court to pursue what is owed to them via a payroll deduction, there is very little reason for them to stop and renegotiate with you.

A legal stay of proceedings is the best solution to stopping a wage garnishment. The only way to obtain a stay of proceedings is to file a bankruptcy or a consumer proposal with a Licensed Insolvency Trustee.

To get help resolving a wage garnishment your first step should be to visit a Licensed Insolvency Trustee. Your Trustee will provide you with all of your options and you can decide how you would like to proceed to reclaim your earnings and regain control over your finances. Whether it is a proposal or a bankruptcy, our caring team at Spergel help you through it.

Frequently Asked Questions

Tax Debt Help vs. Debt Forgiveness

Debt forgiveness is something that happens very rarely in the world of lending money. Getting real help and the right advice from a Licensed Insolvency Trustee is the best way to get tax debt help. Getting help as soon as possible is always a good idea, while leaving a tax debt alone can lead to a lot of penalties, interest and even a wage garnishment.

Who Qualifies For Tax Debt Help

Anyone with Canadian tax debt qualifies for tax debt help in Canada. To file personal bankruptcy in Canada, you must have a minimum of $1,000 in debt – tax or otherwise.

Debt Help Learning Centre

If you’re just starting to explore your options, visit our learning centre to learn from our articles and resources to start on your path to debt freedom, and when you’re ready, our trustees are always available to listen.
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