CRA Tax Debt Settlement

Table of Contents

Looking for CRA Tax Debt Help?

If you’ve ever been hit with a Notice of Reassessment from the Canada Revenue Agency, especially when it was not at all expected, this debt could potentially be an issue. If you do not have the extra funds to repay either via extra disposable income or savings you may need to look at your other options that may be available regarding your CRA tax debt.

This type of debt can sadly happen to anyone, the next step now is how you go about dealing with it. Your yearly tax returns can become a dreaded time. If you’ve worked two jobs or more and you didn’t take out enough money, or you are self-employed and either have HST payments owed or you didn’t pay in enough on your yearly tax. This can creep up on anyone if not careful about your taxes.

The Canada Revenue agency has a lot of power behind them and they are able to hold back your money in a number of ways, from garnishments, tax credits (HST & Child), via your bank accounts just to name a few.

Your Debt Settlement Options

With an Insolvency Firm such as David Sklar & Associates, Inc., we can help by administering a consumer proposal where you agree to pay back just a portion of your unsecured debts or you can look to Bankruptcy.

It is important to note that interest will still be collecting on your CRA Tax debt until it is either fully paid or via a Trustee with an automatic stay of proceedings. This will stop additional interest being added on your tax debt, and will allow for the proper debt settlement proceedings to take place.

Realistically, there are three main options for repaying your tax debt.

If you have Tax Debt, this is not something that can be avoided. You need to deal with this properly. Call or email us today and we can look at your case. We know how troubling this can be and we are here to help you find the best solution so you can move on with your life.

Take Your First Step Towards A Debt Free Life

If you are overwhelmed by debt, call us at 1-844-962-9200 to book a FREE, confidential appointment. We will review your financial situation in detail and discuss all of your options with you. Alternatively, you can fill out the form below and our team will reach out to you. 

Share This!

I was quite nervous and a little embarrassed that I needed financial advice. I met with Jerry Janiec and he was very helpful. He made me feel comfortable and explained everything in easy to understand terms so that I understood what my options were. I would recommend David Sklar & Associates for anyone in my position.
Melissa Blackburn
19:53 17 Nov 22
I was fortunate enough to be referred to David Sklar & Associates Inc. by a family member. Now in the10th month of a Consumer Proposal process, I am very impressed with the organization, professionalism and impeccable customer representation that I have experienced. To this effect, I amparticularly thankful to Jerry Janiec and Rhoda Lewis for their excellent work.
Suzanna Vaclavik
12:21 16 Nov 22
Recently dealt with Christine at David Sklar & Assoc. and worked out a Consumer Proposal to put forth to my creditors for my Credit Card debt. She was very courteous, professional and put me at ease with a proposal that I can afford on a monthly basis, which will eliminate my debit in a reasonable timeframe. I would recommend Christine and this firm in a heartbeat. Very happy with the service and attention I got !!
Patrick Kovanchak
01:59 15 Nov 22
Excellent customer service. Special thanks to Olga for being prompt and helpful. She’s a star. Bibi is helpful as well. Great agency to work with.
Fady Tadros
19:28 14 Nov 22
After seeing your commercial play on CP24, I realized that it addressed all the questions and concerns I had about my financial situation. It all started with my one phone call to your office. I had the extreme pleasure of working with Cori Naron at your St. Clair West office in September 2022. She took the time to explain what my options were knowing that it was a very stressful situation with my debt load. She made me feel at ease with my decision to file a consumer proposal and outlined the benefits to me. She is thorough and her attention to detail is outstanding. While it takes a little while to reap the benefits of making this hard decision, she took the time to reassure me that it was in my best financial interest. Well done David Sklar & Associates for having such an amazing representative at your company and for allowing me to "get a fresh start"!
David
14:31 14 Nov 22
Very highly perfection individual, well executed and greatly knowledgeable in his work, which guided me me the right decisions making opportunities. Thank you.Sincerely, Peter Romasz
Peter Romasz
20:18 13 Nov 22
Trina Powell was very helpful and made the process very easy. Thanks again for all your help.
Jennifer Hager
17:59 06 Nov 22
Jerry is a caring, trustful, knowledgeable and competent Sklar associate. He understood my needs and quickly went to work on my behalf. Ever indebted to David Sklar and Associates and especially to Jerry for his professionalism and caring approach.
David Craig
19:31 31 Oct 22
Jerry Janiec is very knowledgeable and very helpful everything he explained to me was straightforward and very easy to understand. I'm very pleased to be working with Jerry to become debt free. I will definitely be recommending to any friends or colleagues your services.Thank you again for helping me get on the road to be debt free. 5 Stars is well deserved.
Christopher Rakobowchuk
17:41 27 Oct 22
Hi there! I am very glad to met this company, especially Jackie Stanley. Thanks for her great work and help me to save my money! Very appreciable!
Mehri Agil
02:43 26 Oct 22
DS david skalr icon

Book your free consultation.

Call 1-844-962-9200 or fill out the form below.

We know this is stressful, but you’re not alone. It’s going to be okay. 
Book your free consultation today. We’ll do the rest.

Contact Us