2025-10-21
How we helped a client decide between a consumer proposal and bankruptcy
A client thought bankruptcy was their only way out. See how a consumer proposal helped them keep their home and repay debt with confidence.
How Common Is It For Credit Card Companies Or Loan Companies Such As Wells Fargo
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
Latest Blog Posts
2025-10-20
Seniors and Debt
Alternatives to Bankruptcy Bankruptcy Consumer Proposal Lifestyle Debt MNP Consumer Debt Index
Just when seniors should be relaxing and enjoying the fruits of their labour, many find themselves struggling financially — an unsettling contrast to the ease they’d hoped to live their golden years.
2025-10-17
How buyer’s remorse laws can help you stay out of debt
This is called buyer’s remorse. In some cases, Canadian law provides protections that can help you reverse these costly decisions and avoid sinking further into debt.
