Question: if your major debt is with revenue canada how does that work?
Answer: It is still possible to file bankruptcy and eliminate your debts for taxes to Revenue Canada. However, Revenue Canada is often an active creditor, meaning that they will insist that all tax returns and filed and up to date, and they may also request a creditors’ meeting if they have questions about how you incurred the tax debt, and what you plan to do in the future to avoid further tax debt.
Your Winnipeg bankruptcy trustee can provide more information.
