2009-10-12
The short answer is that filing a bankruptcy immediately lifts all garnishees from your wages and that you retain all of your wages as soon as the paperwork is filed with the government. As you may have noted from looking through the site, there is a requirement to pay what is known as "surplus income" in a bankruptcy. We are given guidelines ($1,870 for a single individual, for example) and, if your net monthly pay is higher than that you are required to pay half the difference to the Trustee. That calculation can be a bit tricky, since certain things are deductible and you should contact our nearest office for a free initial consultation. Ian Schofield MNP Regina 306-790-7904
2025-07-08
Alternatives to Bankruptcy Bankruptcy
If you sit down with your parents, they might have a lot of valuable pieces of advice to help you save money. These five tips can help you build a budget.
2025-06-30
Bankruptcy
There are several common scenarios which may cause you to wonder whether personal bankruptcy is an appropriate option to get out of debt.
2025-06-30
Debt Solutions
Here are the four stages of debt collection you can expect.
