2025-08-25
12 holiday budgeting tips to stay jolly into the new year
Lifestyle Debt
Make a plan to reduce your holiday season spending – and stress – with our top 12 tips.
2008-11-25
The amounts allowable under Garnishee Orders are governed in Alberta by the Civil Enforcement Act and some are governed by other Statutes such as the Income Tax Act and Maintenance Enforcement Act. It depends on the type of debt that you owe as to which law will regulate what can be garnisheed. Assuming that your debt is a normal consumer debt (credit cards, loans, lines of credit, etc), it will be governed by the Civil Enforcement Act. Any garnishee will be based on your actual net earnings; IE: what you are actually being paid, net of deductions. Unless the Court gives your creditor an Order stating another amount, you will be entitled to keep: - a minimum $800 net pay for yourself plus $200 for each dependant, - plus ½ of the difference between (your net pay less the minimum amount above) - to a maximum of $2,400 net pay for yourself plus $200 per dependant So for example, if your net pay is $2,500 and there are 3 in your home: - minimum of ($800 for yourself + $600 for dependants) = $1,400 to keep - plus ½ of ($2,500 - $1,400) = $550 - equals a total of $1,950 that you would be entitled to keep. Certain types of income are exempt from garnishee (eg: Social Assistance, AISH, Widow’s Pension), but regular employment earnings can be garnisheed to the above amounts. And other creditors may obtain Orders to garnishee more (most commonly income tax and maintenance debts). Donna Carson, CGA, CIRP, Trustee Calgary, Airdrie, Drumheller regions 403.537.7657 or 1.877.500.0792 [email protected]
2025-08-25
Lifestyle Debt
Make a plan to reduce your holiday season spending – and stress – with our top 12 tips.
2025-08-25
Owing the government money can be very intimidating as it's assumed the government has a limitless ability to collect the debt through any means necessary.
2025-08-14
Vacation costs can add up quickly without proper planning. This guide can help you budget so that you can make the most of your trip without overspending.