How Filing For Bankruptcy Affects Your Employment And Salary

2012-01-20

Watch the video or continue reading below. Normally filing a bankruptcy will not affect your employment or your salary. Some positive things that can happen are garnishees being stopped by the bankruptcy (except garnishees for support payments) and stopping harassing calls while you are at work. Where a bankruptcy can affect employment is when your position requires you to be bonded. As the bonding requirements can vary from company to company, you are best to discuss with person in charge of payroll if you think it could affect you. For more information on how filing for bankruptcy may affect your employment or salary, pleasecontact me directly or consult ourPersonal Bankruptcy FAQ.

Latest Blog Posts

2025-06-03

How to set financial goals with your spouse

Kiu Lau

It can be difficult to discuss your finances with a spouse. These five steps can help you set and achieve financial goals together.

Read More

2025-06-03

Exercising caution with digital currencies: A guide for Canadians

Lindsay Burchill

Lifestyle Debt

As more Canadians explore digital currencies, it’s essential to understand the risks. Learn how to protect your investments from volatility, scams, and legal pitfalls, and make informed decisions with this practical guide.

Read More

2025-05-27

How to budget for a summer vacation

Alana Orrell

Lifestyle Debt

Here’s a comprehensive guide on how to budget for a summer vacation, ensuring you make the most of your trip without overspending.

Read More

Consultation icon