How much can be garnisheed from my wages?

July 22nd, 2005 by Questions

I had a garnishment from “Canada Customs and Revenue Agency Edmonton” for 30%, now my payroll office tells me that they received notice to increase that one to 50%, and there is a new one from “Canada Customs and Revenue Agency Winnipeg” for 30%, What is the maximum that they can take?

Questions

One Response to “How much can be garnisheed from my wages?”



July 25, 2005 at 2:46 pm, Barton Goth, GCO Inc. Bankruptcy Trustees said:

I had a garnishment from “Canada Customs and Revenue Agency Edmonton” for 30%, now my payroll office tells me that they received notice to increase that one to 50%, and there is a new one from “Canada Customs and Revenue Agency Winnipeg” for 30%, What is the maximum that they can take?

While a typical garnishee has a very specific limit to the amount that is available to the creditors, Canada Revenue Agency (CRA) is not bound by these limits. As a result you are left with the following options:

1. Negotiate with CRA directly and see if they will be willing to limit the garnishee to a reasonable amount;

2. Contact a trustee to discuss how the filing of a proposal can give you the ability negotiate an acceptable payment level, potentially reduce the total amount owed, eliminate any future interest and ultimately remove the garnishee.

You can find more details on this through http://www.insolvency-trustee-edmonton.com or by simply calling me directly at (780) 435-5110.

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