Ask the Debt Management Expert – Brian Blanchard
Well, there’s just a little under a month left for most of us to complete and file our taxes, and for some, this can be a very stressful time.
You may find yourself wanting to put it off; distracting yourself from the responsibility; or maybe even burying your head in the proverbial sand hoping that it will all go away. But is this the best way of addressing something that eventually will have to be dealt with? No, of course not.
Although initially ignoring the issue may seem like a good idea, the consequences of avoiding the inevitable Taxman are actually far worse than facing the fact that you have a tax liability and getting your taxes filed. You should know that debts owing to the Taxman can be written-off, and the professional counsellors here at Bromwich & Smith Inc. are just the people to help you get the resources and tools you need to have this debt go away once and for all.
Over the years we have helped thousands of people gain relief from their overwhelming Tax burdens (including Personal taxes, GST and business tax debt).
Through a carefully restructured monthly budget and a definitive payment plan, we can assist you in the creation and implementation of a strategy that will have you free from all of your unsecured debts (including monies owed to Canada Revenue Agency) in 5 years or less! How do we do it? It’s through a program called a Consumer Proposal.
A Consumer Proposal is a fair, honest and legal way to deal with not only your outstanding taxes, but your other unsecured debt as well. A proposal is a forced settlement on your creditors that allows you to avoid bankruptcy and yet still only pay back a portion of the debt you owe!
As an Officer of the Court, Bromwich and Smith Inc. is in a unique position to offer you not only assistance with filing bankruptcy (if that is the best solution for you), but we can also (and more importantly) help you avoid bankruptcy by filing a Proposal. Of course before we recommend anything we provide you with debt and credit counselling.
With the uncertain financial future of the Alberta economy, now is the time to get clarity about your own finances. Talk to one of our counsellors today about how a Consumer Proposal can work for you.