Feds Sue In Foreclosure Sting

The Canada Revenue Agency for the second time three months is suing a bank to retrieve unpaid taxes from a delinquent borrower. Tax collectors complain they’ve been repeatedly stung by foreclosures in which banks auction debtors’ assets without settling tax liabilities: “It’s a nice way to get off scot-free”.

This content is for Blacklock’s Reporter members only. Please login to view this content. (Register here.)

Back to Top