2026-06-11
Life after debt: What’s next and how to avoid repeating debt
What happens after a Consumer Proposal or a Bankruptcy? These steps can help you rebuild your credit rating and manage your credit effectively.
Disability Pension
2008-03-06
Most pensions cannot be garnished or seized by creditors. One exception is if your pension is a CPP pension and if you owe money to the federal government, they can withhold some or all of your pension and apply it to your debt. However, the government tends to use this right quite sparingly – i.e., they typically won’t do it if it’s going to cause you financial hardship. It’s unusual for a creditor to attempt to garnish a pension. If you would like to provide more detail on what this creditor is doing or saying, we can probably clarify things for you. Yes, you can do a bankruptcy and this will normally stop a garnishment immediately; however, if your total debt is only $4,000, you should probably consider some of the other options first. To give you any helpful information beyond that, we would need to know a bit more about your financial situation.
Latest Blog Posts
2026-06-09
What happens if I owe tax debt to the CRA?
It can be overwhelming to find out you owe the CRA a large amount of money. These debt relief options can help you regain control of your finances.
2026-06-09
The CRA is calling to collect. Now what?
Getting a call from the Canada Revenue Agency (CRA) can be unsettling. If the call is about collections, the stress level often jumps immediately. You may worry about frozen accounts, garnishments, or losing control of your financial situation.
