How can I stop my wages from being garnished?
A good place to start is to contact a Licensed Insolvency Trustee for a free consultation. They will present you with some options. In some cases, the trustee may file a consumer proposal for you. A court-approved debt repayment plan will stop the wage garnishments. A consumer proposal is an option that allows you to avoid filing for bankruptcy. Your trustee will help you create a repayment plan that is unique to your financial situation that will help you pay off your debts over time.
MORE QUESTIONSDo I qualify for bankruptcy? How long will I be bankrupt? How much will it cost? How will my credit rating be affected? If I declare bankruptcy, will I lose everything? Should I declare bankruptcy? Will I still be responsible for some debts after filing for bankruptcy? Does Filing for Bankruptcy in Canada Affect My Spouse? What is a bankruptcy discharge and the process involved? What is the OSB and what are their responsibilities? If I file a proposal or declare bankruptcy, what happens to my credit rating? What happens if my creditors vote against accepting my consumer proposal? Can I leave some creditors out of my consumer proposal? How Do I Get a Mortgage After A Consumer Proposal? Can a student with a government student loan go through bankruptcy or get a consumer proposal?