Category Archives: CRA Bank Freeze

CRA Bank Freeze Is A Ruthless Tax Collection Method

The Canada Revenue Agency goes after everyone who evades taxes. It won’t let you go on with your life while not filing your tax returns. Some people think that they can get away with evading taxes but they pay the heftiest price when they face the harshest tax collection methods. The CRA bank freeze is » Read More

How the CRA Collection System works?

How the CRA Collection System works? Since 1st August, 2005, the Canada Revenue Agency (CRA) has been given the responsibility of the collection of tax debts which was previously being handles by the Human Resources and Social Development Canada (HRSDC). CRA collection has the accountability for tax debts that are due to HRSDC through student loans, employment insurance, » Read More

An Overview of a CRA Bank Freeze

Once a tax debt is established, the CRA can take legal action and certify that debt in federal courts. This will be done after several requests by phone and in writing to the taxpayer. If there is no tax payment plan proposed by the taxpayer, it will empower the CRA to attack your assets as » Read More

Dealing With A Bank Freeze by Canada Revenue Agency

  When taxpayers have tax debts owing to the Canada Revenue Agency (or CRA for short) the CRA collection agents will begin to pursue legal collection action to recover the tax debts. One method that the CRA collection agents like to use to collect debt is by freezing a bank account commonly known as bank » Read More