How do we deal with CRA Arrears?

Arrears interest is a price you pay on any unpaid balance from the balance-due day until the payment, this is done. This interest amount will be added on a daily basis. Arrears interest is charged on the instalment penalty from the balance-due day until it is settled.

CRA can help you set up a payment arrangement, if you are unable to pay your debt in full. This payment arrangement is an agreement to pay your balance in over a period of time. Reach out to me now for more information, I am here to help you with all your requirements.

How can I set up an arrangement?

• It is always advisable to keep a tab on your monthly income and expenses
• Based on your expenses and income check how much you can afford to pay
• Call the CRA to set up your payment arrangement
• Talk to a CRA agent
• Start your payment arrangement
• Please note that in order to start the payment arrangement, one must make the first payment towards your debt.
• It also essential to make payments on the agreed dates.

Other points to note

• If you have a payment arrangement, the CRA is authorized to take the amount from any benefits you receive when you have a debt.
• If you need to change your payment arrangement or are unable to pay, reach out to the CRA immediately.
• If you fail to do so, CRA can proceed with legal actions.

Helping you every step of the way

I understand that, when debt collection begins, it can be challenging for you. Getting phone calls, letters or notice stating that you owe money can be stressful, you can always rely on me to help during such testing times. I can work with you on a payment arrangement that is suitable given your current financial situation and help you feel at ease.

Trusted services

Paying your debt all at once can help you avoid interest and other legal consequences. However, unforeseen circumstances can create financial issues for you. If you are unable to pay your debt on time, there are options for you. The Canada Revenue Agency (CRA) will help you resolve your debt. You can always count on me to guide you through this arrangement, all you have to do is discuss your needs with me and I will do the rest. For more information or for advice, please call me now. I will be glad to help you with your requirements.

Points to note

• The CRA collects Employment insurance
• It can collect Canada Pension Plan, overpayments on behalf of Employment and Social Development Canada.
• Please note that the CRA collects overpaid child and family benefits and goods and services tax.
• It provides you liberty to pay your debt online or in person at a financial institution.

Leverage Capital is a trusted company offering a quality services to customers. You can rely on me to help you with debt consolidation, quick loan solutions and more. All my services are affordable and reliable, reach out to me now for details.

 Need assistance with CRA arrears? Call me now.