debt relief

Income Tax Deadlines

For Canadians, April 30 is the official deadline to file your personal income tax return with the Canada Revenue Agency.   If you file your return past the deadline you will be assessed a late filing penalty. The deadline, if you or your spouse or common-law partner carried on a business in 2016, is June 15.

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Tips for Saving Money on Groceries

For most Canadian families groceries are there second highest monthly expense outside of their housing cost so it’s important to get the most bang for your buck.  Here are a few tips and suggestions that may help you reduce your grocery expenses.

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Do I Qualify For Bankruptcy?

Basically, if you owe at least $1,000, are unable to keep up with your monthly debt payments and do not have assets such as vehicles, house, or investments that you can sell to pay your debts in full, then you can choose to file personal bankruptcy.  It is your choice whether or not to voluntarily put yourself into bankruptcy and no one can stop you.

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Personal Bankruptcy and Income Taxes – What You Need to Know

When filing a personal bankruptcy income tax debts are discharged the same as any other unsecured debt, such as credit cards and personal loans. If you are struggling with income tax debt or have had your wages garnished then you should seek the assistance of a professional.

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