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. 

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Very knowledgeable, helpful and fast service
Anthony Mcfeat
1701299046
I am so delighted to have found this company. They are the best. Everyone in the office is very nice never to busy to assist you. Thank you David Sklar and Shirley and associates for being you. 😊🌺😊
Deborah
1701263894
Trina was amazing and quick. No judgement was made and they all made me feel I made the right decision. Would highly recommend them
Crystal Minaker
1701222756
Trina was very easy to work with. Any questions I had were answered promptly. What seemed like a complicated process was explained in a clear manner that wasn't at all intimidating. It made for a more comfortable experience during a turbulent time.
Eldon Aubie
1701134421
Jackie is very professional...I would recommend David Sklar to anybody especially knowing how understanding they are.
Kimberley Lyder-Niles
1700968057
I had Shirley and Kim take care of my finances. From the very first moment I spoke with Shirley I could sense how caring, professional and patient she was. She was also very understanding with my lack of financial knowledge and never made me feel dumb as some other companies have.Her and Kim were always very quick to respond to emails, always available if I called and answered my abundance of questions in such detail that I now believe I have a thorough understanding of how finances work. I am hopeful about my fresh financial start and very grateful I had the privilege of meeting and working with these two beautiful women.I also spoke briefly with Richard over zoom and he to was extremely friendly, patient and made sure I was well taken care of.I could not recommend David Sklar and Associates more. Thank you again.
Shayleen Muzi
1700875951
Good professional team! Jennifer is the best, helped me through everything and answered all my questions. Made the process easy! Would recommend Jennifer and the team at David Skylar.
gary round
1700868378
Christine and her team are amazing and professionals. I called for help and she responded right away to help me.thank you and I really appreciated for everything you do.
Marcelina Sunas
1700837681
Thank you so much for the helpYou took away the most stressful things in our lives which was our dept you guys are amazing and would recommend you to everyone
Kaitlyne Sunas
1700833567
The staff here are fantastic (Cori handled my visit) and are willing to go above and beyond to help people who need help, I recommend them 100% for people who are looking to move on in good standing.
Vito De
1700805574
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Call 1-844-962-9200 or fill out the form below. We’ll do the rest.

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