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will collection stop if I pay half of it? What is the collection procedures for tax debt in Ontario? Can I prevent the collection procedures from beginning if I pay half of the assessment amount? I heard that either the Canada Revenue Agency or the Ontario Ministry of Finance will not start the collection procedure if you pay half the amount owe.
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I think a lot of it depends on what stage you catch it in. If you can catch it before they sell the debt to a collection company, the province/CRA may have more lenient policies than a collection company.Either way, I wouldn't expect an easy way out of it. When you the gov't money for taxes, they will take it out of anything that you may be entitled to.ie, If you owe them 5000 and you have a refund coming this year to you for lets say 3500. You won't get your refund and they will apply that 3500 to your outstanding debt. The best thing to do is contact them and work out some repayment plan. Just simply ignoring the problem makes the problem worse. Make sure you get to the collections department and not someone just on the front line.
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