Best Accountants in Kingston, ON

If you file for insolvency proceedings there will be no visits to your home, no notices posted on the door. The neighbours have no reason to know you are working with Goldhar. But if you know your neighbour is having financial difficulties, referring him/her to Goldhar could be a genuinely neighbourly act.

For the first seven years after you cease to be a student, student loans are NOT discharged by bankruptcy. After seven years you can include student loans with your other unsecured debts in a bankruptcy or consumer proposal. Goldhar can help you understand how these rules apply to your situation.

When you file a consumer proposal or bankruptcy, you are responsible for making certain payments to the licensed insolvency trustee. Your wages are not redirected to the trustee, and your creditors can no longer garnish your wages. In a bankruptcy, you are required to report your monthly earnings to the trustee until you are discharged. Goldhar will help you understand your responsibilities in more detail.

Yes. Filing a bankruptcy or a consumer proposal stops CRA from taking collection action against you and releases any wage or bank garnishments. In most cases your proposal or bankruptcy will settle your CRA debt. Goldhar will help you understand the rare exceptions to this rule.

Yes. Once you file a consumer proposal or bankruptcy with Goldhar, your creditors are advised and the collection calls and letters must stop. You should report any violation of this immediately to Goldhar. Creditors who continue to harrass you after your insolvency proceeding has been filed may be prosecuted.