Can Garnisheed Funds Be Returned In A Bankruptcy

2008-03-15

Lorraine, Funds that have been garnisheed from your paycheque are usually held in court until the court has determined that you do, in fact, owe the money and the court issues a judgement. If the funds are still in court on the day you file bankruptcy, they will go into the bankruptcy, not back to you. I am afraid your friend is wrong. Depending on your situation, those funds may be able to cover some or all of the cost of your bankruptcy and a bankruptcy will certainly prevent any further garnishee. Please call 310-9700 (a local call from anywhere in Saskatchewan) during business hours to discuss this further or book an free initial consultation. Ian Schofield Regina, Saskatchewan

Latest Blog Posts

2025-03-05

Two in five Newfoundland and Labradorians fear they may never be debt-free, acknowledge needing help, but are too embarrassed to seek it out

Greg Gosse

MNP Consumer Debt Index Lifestyle Debt Debt Solutions

According to a new survey conducted by Ipsos on behalf of MNP LTD, two in five Atlantic Canadians acknowledge they need help to get out of debt (43%).

Read More

2025-03-05

Two in five New Brunswickers fear they may never be debt-free, acknowledge needing help, but are too embarrassed to seek it out

Tara Silliker

MNP Consumer Debt Index Lifestyle Debt Debt Solutions

According to a new survey conducted by Ipsos on behalf of MNP LTD, two in five Atlantic Canadians acknowledge they need help to get out of debt (43%).

Read More

2025-03-05

About one-third of Saskatchewan and Manitoba residents fear they may never be debt-free; acknowledge needing help, but two in five are too embarrassed to seek it

Pamela Meger

MNP Consumer Debt Index Lifestyle Debt Debt Solutions

According to a new survey conducted by Ipsos on behalf of MNP LTD, three in 10 (29%) Saskatchewan and Manitoba residents acknowledge they need help to get out of debt. 

Read More

Consultation icon