A creditor has the right to file suit against you for a portion of your wages. If they win they’d begin receiving a portion of your income directly from your employer. It’s a terrible position to be in, and in Ontario, the wage garnishment percentage is up to 50%.
But even though a wage garnishment is a court order, a Licensed Insolvency Trustee (LIT) can stop it through a consumer proposal or by helping you file for bankruptcy.
We can stop all garnishment actions taken against you except for Child Support and/or alimony — and that includes action taken by the Canada Revenue Agency (CRA).
Our success rate for stopping wage garnishments speaks for itself: we’ve been successful in all the cases we’ve taken on.
This comes from experience. Since 1996, from Ottawa to Kingston and into Quebec, we’ve been consolidating consumer debt by filing consumer proposals and acting on behalf of Canadians having their wages garnished.
We’re compassionate, understanding, easy to work with and mindful of the communities we serve, evidenced by our commitment to charitable work (28 organizations and counting).
And we offer a free comprehensive introductory financial analysis and consultation so we can come to the table with ideas the moment you retain us. Looking to stop wage garnishment in Ottawa, contact us today at 613-237-5555.