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
2025-06-19
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.
2025-06-18
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.
2025-06-16
Bankruptcy Alternatives to Bankruptcy
Let’s review what a Consumer Proposal is, as well as the pros and cons of filing a Proposal, to help you determine if it’s the right solution for your unique situation.
