2010-04-14
Hello, I'm not aware of any specific threshold that must be reached before a creditor will consider initiating court proceedings that would lead to garnishment. Certainly the greater the amount owed, the more likely a creditor is to consider a garnishment of wages. As mentioned in yesterday's blog on this topic, there is a process to follow before your wages can be garnished. A creditor first must obtain a judgment from the court. You would have to be served with notice of the court proceeding in advance of any action being taken. If this has not occured, it would suggest that there is no immediate threat of this happening. This assumes they would know your current address/whereabouts for serving such a notice. Brad Milne, CIRP Trustee in Bankruptcy Brandon, Manitoba
2025-03-05
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%).
2025-03-05
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%).
2025-03-05
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.
