garnishment of wages
January 28th, 2010 by Questions
the government has put a garnishment on my wages, if i get a consumer proposal will this garnishment stop? also does the government usually accept consumer proposals?
Posted from: Ontario
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January 29, 2010 at 8:14 am, A licensed trustee said:
I’m sorry, but I can’t give you a definitive answer. A consumer proposal will stop a garnishee of your pay, but the government doesn’t always vote in favour of consumer proposals.
If you have a significant tax debt (more than 50% of all the debts you owe) and you haven’t regularly filed your income tax returns then the government is not likely to agree to a consumer proposal.
If you have filed every year as required and the tax debt is less than 50% of your total debts then it is likely they will agree to a consumer proposal, assuming the proposal makes sense in comparison to a bankruptcy.
The practical solution is to call a trustee in your area so they can review your options in detail with you.