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	<title>Bankruptcy Cambridge &#187; Taxes</title>
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	<link>http://www.bankruptcy-cambridge.com</link>
	<description>Bankruptcy, Consumer Proposals and Alternate Debt Solutions for Cambridge Ontario</description>
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		<title>Filing Bankruptcy and how it effects your tax refunds &#8211; you may need to act now</title>
		<link>http://www.bankruptcy-cambridge.com/bankruptcy/2010/12/the-time-to-file-bankruptcy-and-your-tax-refunds.html?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=the-time-to-file-bankruptcy-and-your-tax-refunds</link>
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		<pubDate>Thu, 02 Dec 2010 21:20:35 +0000</pubDate>
		<dc:creator>Howard Hayes</dc:creator>
				<category><![CDATA[Bankruptcy]]></category>
		<category><![CDATA[Consumer Proposal]]></category>
		<category><![CDATA[Taxes]]></category>

		<guid isPermaLink="false">http://www.bankruptcy-cambridge.com/?p=535</guid>
		<description><![CDATA[Under current rules, when you file an assignment in bankruptcy, you&#8217;re assigning control of your assets to a trustee for the benefit of your creditors.  One of the roles of a trustee is to liquidate those assets and divide the resulting cash amongst your creditors. One asset the will be seized by the trustee is [...]]]></description>
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		<title>Do I keep a tax refund if I file a proposal?</title>
		<link>http://www.bankruptcy-cambridge.com/consumer-proposal/2010/03/do-i-keep-a-tax-refund-if-i-file-a-proposal.html?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=do-i-keep-a-tax-refund-if-i-file-a-proposal</link>
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		<pubDate>Wed, 24 Mar 2010 16:18:05 +0000</pubDate>
		<dc:creator>Howard Hayes</dc:creator>
				<category><![CDATA[Consumer Proposal]]></category>
		<category><![CDATA[Taxes]]></category>

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		<description><![CDATA[In simple terms, creditors are not allowed to pursue money owing from prior to the date of the proposal. If you don&#8217;t owe CRA anything, then yes, you keep your refund if you file a Consumer Proposal. Whereas in a bankruptcy, regardless of whether or not you owe CRA money, you&#8217;ll lose your tax refund. [...]]]></description>
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		<title>Are debts to CRA included in a bankruptcy and does it matter how much I owe them?</title>
		<link>http://www.bankruptcy-cambridge.com/bankruptcy/2010/03/are-debts-to-cra-included-in-a-bankruptcy-and-does-it-matter-how-much-i-owe-them.html?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=are-debts-to-cra-included-in-a-bankruptcy-and-does-it-matter-how-much-i-owe-them</link>
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		<pubDate>Wed, 10 Mar 2010 21:03:06 +0000</pubDate>
		<dc:creator>Howard Hayes</dc:creator>
				<category><![CDATA[Bankruptcy]]></category>
		<category><![CDATA[Consumer Proposal]]></category>
		<category><![CDATA[Taxes]]></category>

		<guid isPermaLink="false">http://www.bankruptcy-cambridge.com/?p=270</guid>
		<description><![CDATA[Yes.  A tax debt to CRA is a debt you can include into either a Personal Bankruptcy or a Consumer Proposal. (Unfortunately, you likely not going to be able to include a tax debt into a debt management plan with a credit counsllor or debt settlement company). With CRA debts, it&#8217;s important that if you [...]]]></description>
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