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Téléphones 1-866-481-3136 514-313-6033
A.JB Solutions

Phone: 514 313-6033
Toll-free: 1-866-481-3136
Email: josee@ajbsolutions.ca

Self-Employed

Self-Employed Workers

Being self-employed offers many advantages: being your own boss, managing your schedule, growing your business at your own pace, and aiming for greater financial freedom. However, the first few years are often demanding and can lead to significant financial challenges.

When income is unstable, fixed expenses accumulate, and income tax, GST, and QST must be managed, strong financial discipline becomes essential. Despite the best intentions, cash flow may become insufficient and debts can begin to pile up.

For self-employed workers with debt in Montréal or elsewhere in the region, A.JB offers guidance and support services to help you better understand your situation and the solutions available based on your financial reality.

Self-Employed

Self-Employed Workers and Tax Debt

When income no longer allows you to meet tax obligations, tax debts can quickly become difficult to manage. Interest and penalties are added to the amounts owed, further complicating the situation.
It is important to act quickly, as Revenu Québec and the Canada Revenue Agency have several enforcement measures available, including:
withholding tax credits;
seizure of bank accounts or wages;
direct payment demands made to your clients;
suspension or cancellation of tax numbers (GST–QST);
registration of a legal hypothec on a property.

In some cases, when the debts involve only tax liabilities, it may be possible to contact Revenu Québec or the Canada Revenue Agency directly to request a payment arrangement or relief measures. Depending on your situation, these steps may allow for a reduction or cancellation of interest and penalties.
Self-Employed

Self-Employed Workers and Debt Resolution Solutions

When debts are multiple (credit cards, lines of credit, personal loans, overdue bills, income taxes, GST, and QST), it may be appropriate to review all solutions provided by law.

Among these, a consumer proposal is an option that may be considered in certain situations. It is a formal agreement between an indebted individual and their creditors, administered by a licensed insolvency trustee. This solution may allow you to:

suspend seizure proceedings;
make a settlement offer based on your ability to pay;
keep your assets;
consolidate unsecured debts into a single monthly payment, interest-free, for a period of up to five years.

A.JB is not a trustee but provides personalized support to analyze your situation, explain the available options, and refer you to qualified professionals when required.
Self-Employed

Contact us!

To learn more about solutions for self-employed workers in Montreal concerning debt, get in touch with us! Many services are available, and we will help you continue your self-employment journey towards financial freedom.
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A.JB offers you the most
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