CRA IS THE NEW SUPER COLLECTION AGENCY
CRA has new training programs and videos teaching collections officers how to collect the maximum amount of money possible
CRA’s mandate is ‘Government is our client. Taxpayers do as they are told’
When someone is having financial problems, and they are in arrears with CRA, that is when trouble really begins
If is important to deal with tax debt in a proactive mode. It is a lot less problematic before CRA Collections comes calling
If CRA’s first line collections is not paid to their satisfaction the account goes to Aged Collections
That is where things get nasty. Very nasty!
Once someone is in aged collections at this point CRA senses that you are in financial trouble and comes in for the kill
One either has the assets to pay and better liquidate them and get CRA Collections satisfied or have their life ruined. It is as simple as that
CRA Collections is all a matter of “Show Me the Money!”
If the tax bill cannot be paid, then it is a simple case of taxpayer insolvency.
Someone in this position needs to get expert consulting and quickly. Good trustees can make this process a lot less intimidating and stressful.
Some examples of what CRA can to when the gloves come off…
The Requirement to Pay on any sources of income
Freezing any and all bank accounts
Go after spouse’s corporation using relatedness arguments
Harassment phone calls and visits
Embarrassment at the banks
Do hard credit checks at the credit bureaus
Send legal warning letters
Stop spouses tax credits
Do home drop ins… two collections officers
Harassment of spouse
Talking to neighbours, suppliers and tenants
Issuing of Requirements to pay to taxpayer’s customers
Drop in for a visit at work
Ruin his health
Kill him from Stress
Just be aware that CRA Collections is worse than anyone realizes.
It is where things get very dirty and terrifying, so you need effective tax debt solutions now!
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