Self-Employed? Do You Owe Income Taxes or HST?
Are you a self-employed? Are you a lawyer, doctor, dentist, Real Estate Agent or proprietor of any kind? Are you behind on paying your income taxes or HST? We can help resolve your financial difficulties. Just call us at 905-632-5853.
Self-employed professionals and other proprietors can benefit from consulting a Restructuring Professional such as a Trustee in Bankruptcy.
Self-employed individuals find themselves in financial trouble for many different reasons. Downturn in the economy, poor decisions, not paying income taxes, not remitting HST. Scott, Pichelli & Easter have a proven track record over the last 35 years for assisting self-employed professionals and other individuals reduce their debt with the Canada Revenue Agency and other creditors.
This is not an uncommon occurrence for self-employed professionals to find themselves in a situation where they need to seek advice from a Trustee in Bankruptcy. A Trustee provides an independent objective view of the issues and the options on how to assist individuals to resolve their financial trouble.
A Trustee can file a proposal with all your creditors including Canada Revenue Agency and make a deal to reduce the amount of debt owed, with no interest charges.
The key to a successful proposal, especially when Canada Revenue Agency is a significant creditor, is that you make full disclosure and present your creditors with an offer to settle your debt that is greater than what they would receive if you were to go bankrupt. Thus, it is imperative that you consult with a Trustee who is licensed to prepare this calculation on your behalf and to advise your creditors of the advantages of accepting the Proposal.
At Scott, Pichelli & Easter Limited, we have many individuals and corporations that have filed Proposals which include Canada Revenue Agency as a major creditor. Canada Revenue Agency will agree to reduce your income tax and HST debt. There are many people who believe that this can’t be done. At Scott, Pichelli & Easter Limited we can tell you it is possible. We have reached many agreements with Canada Revenue Agency and other creditors so that there is no need for individuals or corporation to file for bankruptcy.
So if you find yourself in a situation where your debt to Canada Revenue Agency or any other creditors is overwhelming please call Scott, Pichelli & Easter Limited to sit down for a free consultation and find out what options are available for you and take your First Step to Financial Recovery.
SCOTT, PICHELLI & EASTER LIMITED
Offices in Burlington and Oakville
Financial Trustee offices in Oakville & Burlington, Ontario, Canada