We’ll negotiate with the CRA to reduce tax debt while stopping penalties, interest and collections.
We understand how overwhelming it can be to deal with the CRA on your own. Let’s work together to stop collections, interest and penalties right away. This will also prevent or even stop the CRA from taking more serious legal action in the future, like wage garnishments, bank account freezes, and other asset seizures. You don’t have to face this alone.
If you owe back taxes to the CRA, it’s important to deal with it as soon as possible. Ignoring the CRA letters can lead to serious consequences, but with the right plan, such as a consumer proposal, you can manage your debt and find relief.
A consumer proposal is a government-backed debt settlement agreement between you, the CRA and other unsecured creditors that you may have. It can help you reduce your tax debt, keep your assets, stop collection calls and reduce or eliminate tax penalties. As Licensed Insolvency Trustees, we assist with the negotiations with the CRA, which can help take the pressure off of you.
Here’s what you can expect with a consumer proposal:
Reduce your tax debt
Interest charges and penalties are frozen
Stop collection calls and legal actions, such as wage and bank garnishments
Realistic repayment plan that can stretch out to a maximum of 5 years
It can be hard to talk about tax debt, but we offer a free, no-obligation, completely confidential consultation.
My experience with Farber was nothing short of seamless. I was initially unsure and a little nervous because I didn't know what to expect and hadn't used these kinds of services before. Using Farber was one of the easiest things I've ever done in my life. They are with you every step of the way and even after!
I was so apprehensive about this process, but I am absolutely 💯 confident that this was the best move for me, and I am so happy for a fresh new beginning! Just an overall great experience and would recommend them to anyone! 😊
When I first contacted Farber, I was in panic and feeling helpless. They will represent you to your creditors and make sure that with a consumer proposal you get free of debt by making monthly payments that you can afford to pay based on your income.
My life was so stressful knowing I have payment due that I couldn’t pay on time plus with all the phone calls didn’t make matters better, I tried all options with the bank but that didn’t work out, until I reached out to Farber had live chat explaining how to resolve my debt, and for that I’m so grateful.
What made my experience great were the people that worked with me. I can honestly say that the process was made easier and less stressful for me as a result of them. I highly recommend you call them. They are pro's and will make it painless.
For more than 45 years, we’ve helped over 200,000 Canadians build a better relationship with money and put their debt behind them. Partner with a trusted debt expert who will guide you through your options so you can leave your tax debt behind.
You can expect:
We’re here to help you every step of the way.
Debt is a difficult thing to talk about. We know that it’s a hard first step to ask for help, but we’re committed to helping you see how to get out of debt to find the confidence to get started.