This is a multi-part message in MIME format. ---------------------- multipart/alternative attachment I have filed 6 years of income tax and I have a bill about 50K and that is not including 2003 as well as GST and 7K in child tax benefits. Yes after filing my taxes 2 years ago they sent me a check for 7,000 for back arrears in child tax benefits never paid to me. Of course my husband and I were jumping for joy and we spent it on things we hadn't done for a long time. A few months later we got a letter saying they had made a mistake and we owed it all back to them.I believe in total I probably owe about 60,000 to Revenue Canada. I started a new business a year and a half ago and I am only paid when a client hires m e to do something so it is hard to determine at this point exactly what I will be able to bring in consistently. I went to see a trustee at Sands and Associates in Langley, she seemed very nice and because I don't really have any assets to speak of (we rent and my vehicle is not over 5000.00 and we own it she suggested we go the bankruptcy route. My question to you is my husband is not declaring bankruptcy will this affect his work in anyway. Also do you know if I make any money how much am I able to keep of it and how much will they take from me. Do I need to see you first.......... Thanks XXXXXXXXXX -================= david ingram replies: I usually always recommend Sands and Associates as a Trustee. Earl Sands and now Gerry Foran at the downtown office and Geoff Orrell at the Langley office have looked after many of my clients and friends over the years. However, nice as they are, they do NOT represent YOU after you sign that piece of paper. The bankruptcy Trustee works for the sole benefit of the creditors and is in effect, a policeman standing over you demanding a monthly accounting of everything you earn and spend. Make too much (likely about $3,500 a month depending upon family size) and you have to turn a significant portion over to the trustee. What you need is a advocate on your side. The best one I know in Vancouver is Murray Morrison a lawyer at 200-10351 150th Street, Surrey, V3R 4B1 across from Guilford. His phone number is (604) 930-9013 Fax is (604) 588-2005 and his email is [email protected]. Contact him first before you sign anything and take your husband (and kids) with you. I took my 11 and 16 year old kids with me in my receivership and it was amazing how they got into the process. Seeing me would be fun but not very productive other than a sympathetic shoulder. You can keep up to $5,000 equity in a car, $12,000 equity in a house, $5,000 of tools and $5,000 or so of household furnishings in your name and some other stuff as well up to a combined total of about $32,000 in the lower mainland. Your husband can keep whatever is his. Anyway, see Murray first, THEN trot off to Sands and sign the papers. Answers to this and other similar questions can be obtained free on Air every Sunday morning. Starting this Sunday at 9:00 AM on 600AM in Vancouver, Fred Snyder of Cartier Partners and I, David Ingram will be hosting an INFOMERCIAL but LIVE talk show called "ITS YOUR MONEY" Those outside of the Lower Mainland will be able to listen on the internet at www.600AM.com David Ingram's US/Canada Services US / Canada / Mexico tax, Immigration and working Visa Specialists US / Canada Real Estate Specialists 4466 Prospect Road North Vancouver, BC, CANADA, V7N 3L7 Res (604) 980-3578 Cell (604) 657-8451 (604) 980-0321 New email to [email protected] www.centa.com www.david-ingram.com Disclaimer: This question has been answered without detailed information or consultation and is to be regarded only as general comment. Nothing in this message is or should be construed as advice in any particular circumstances. No contract exists between the reader and the author and any and all non-contractual duties are expressly denied. All readers should obtain formal advice from a competent and appropriately qualified legal practitioner or tax specialist in connection with personal or business affairs such as at www.centa.com. If you forward this message, this disclaimer must be included." Be ALERT, the world needs more "lerts" This from "ask an income tax and immigration expert" from www.centa.com or www.jurock.com or www.featureweb.com. 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