CRA Debt

Do you owe the Canada Revenue Agency a significant amount in tax debts? The Canada Revenue Agency has strict debt forgiveness regulations. They want complete asset transparency through a consumer proposal supervised by a Licensed Insolvency Trustee. Empire Debt Relief specializes in debt resolution as qualified bankruptcy trustees. When it comes to tax liability, making a consumer proposal is your sole choice for paying less money than you owe. This is frequently the most cost-effective alternative to filing for bankruptcy. However, depending on your circumstances, filing bankruptcy may be the best way to start over in some cases.

The CRA does not accept other debt-resolution procedures or private debt settlements or repayment programs arranged via counseling firms. Only a Licensed Trustee may implement a legally enforceable consumer proposal. We at Empire Debt Relief are well aware that most of our clients are experiencing financial difficulties. Your first meeting with a licensed trustee is always complimentary. We’re here to answer any of your inquiries and assist you in achieving financial stability.