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    Submitted by crataxrescuesupport


    Has the CRA filed a levy with your bank, leaving you unable to pay your bills, your rent or mortgage, your car payment or to feed your family?
    Contact us now. We can stop bank levies, but we must begin quickly.

    As we said earlier, if you ignore CRA notices, phone calls and letters, the CRA will start what they call Enforced Collection. Again, it is a way for them to get your attention and collect the delinquent taxes. Locating the bank or other financial institution is not difficult for the CRA. They can do a search on associated Social Security numbers and turn up quite a bit of information on a taxpayer, from banking institutions, to property, stocks and bonds, etc.

    Seizure of your bank account is the ultimate action in their collection efforts. The CRA sends a Notice of Levy to the financial institution informing them that you owe taxes. The CRA requires them to freeze all the money in your account(s) as of that day. This includes all accounts with your social security number. You are then unable to use any of those funds to pay your bills. This freeze may cause your checks to bounce and overdraft fees accumulate. The bank must remit the funds to the CRA.

    Contact us today for a FREE confidential consultation to find out what options are available for the resolution of your CRA tax problem.