However, collection companies can attempt to
collect the debt outside of the courts past the statute of limitations date.
Not exact matches
Keep in mind, just because the
debt may be
outside the Statute of Limitations does not mean they can't try to
collect on the
debt or even sue you, it's a defense you can raise if they come after you.
If a collections agency starts calling to
collect on a
debt that's
outside the statute of limitations, you'll have grounds to demand they stop.
* If the tax debtor / transferor goes bankrupt, the discharge from bankruptcy relieves that person from paying CRA the amount due but the order of discharge does not extinguish the
debt and the transferee is still liable and must pay; in effect this gives CRA an additional means of
collecting outstanding tax
debt of the bankrupt
outside the bankruptcy;