What is a Consumer Proposal? How does it affect income tax debt?

Mclennan and Company Default Feature Image

22 Jun What is a Consumer Proposal? How does it affect income tax debt?

Did you know that in Ontario a Consumer Proposal is a ‘legally binding’ Debt Consolidation solution, which even includes your income tax debt?

In fact, tax debts are treated just like credit cards, as unsecured creditors. There is an exception for ‘Registered Tax Liens’, however, we recommend that you come into our office to discuss further. The initial meeting is FREE.