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    gradgirl's Avatar
    gradgirl Posts: 3, Reputation: 1
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    #1

    May 31, 2010, 05:58 PM
    Can Revenue Canada seize scholarship money
    I owe money still on an old student loan and an overpayment on my child tax benefit. I am going back to school now to improve my work prospects. Can Revenue Canada seize money I get from scholarships to pay for those old debts, or is it only tax return and wage money they can seize?
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
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    #2

    Jun 1, 2010, 05:57 AM

    They can seize anything in your bank account. Where is the scholarship money ? Has RevCan notified you of their intentions ?

    Tick
    gradgirl's Avatar
    gradgirl Posts: 3, Reputation: 1
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    #3

    Jun 1, 2010, 10:14 AM
    They have not seized anything in my bank account before, just taken my tax returns before they get to me. I do not have the scholarships yet; should I put them in a joint account with someone else?
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
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    #4

    Jun 1, 2010, 12:39 PM

    Your name or social insurance number should not be mentioned anywhere in the bank accounts. Even joint accounts are easily taken. If it comes in a certificate, have them send it directly to your home. Not using your SIN # is key to keeping them safe.

    I will research this a little further, so I will keep your posted.

    tick
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
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    #5

    Jun 1, 2010, 01:10 PM

    It seems, gradgirl, we are already on Google with this thread. I would advise re-instating your PM feature here. Why did you not pick that option when joining?

    Tick
    gradgirl's Avatar
    gradgirl Posts: 3, Reputation: 1
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    #6

    Jun 1, 2010, 02:11 PM
    tickle, I am unsure what you mean by PM feature, and do not recall any such option showing up when I joined. Could you guide me through what you mean? Also, do you know if, like tax refund money, Revenue Canada can seize that scholarship money from the source - i.e. before it ever gets to me?
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
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    #7

    Jun 2, 2010, 02:34 AM

    No, they can't seize it from the source. As for the PM feature, you have to be on here a certain length of time before you can subscribe to the Private Messaging system; forgot that.

    Tick

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