2025-06-30
How do I respond to creditors?
Credit Counselling
Here are the ABC’s of dealing with creditors and debt collectors.
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]
2025-06-30
Credit Counselling
Here are the ABC’s of dealing with creditors and debt collectors.
2025-06-25
The cost of daily goods has been rising over the past few years — increasing the price of food, gas, clothing, and many other essential items that Canadians need in their day-to-day lives.
2025-06-19
With the school year beginning and thousands of Canadian students beginning a new semester of post-secondary studies, all those hard-earned dollars from summer gigs are now being applied to tuition, books, transportation, housing, and supplies.