Payroll deposit

May 30th, 2013 by Questions

i have an oustanding debt with one financial institution and i work with that same organization. my payroll has to come in that account only can not go any where else. if i file a consumer proposal what happens. can collections take away funds or one proposal doc goes they can not do anything as long as payments goes through

Posted from: Ontario


One Response to “Payroll deposit”

, A licensed trustee said:

Go and speak to your HR department – this situation will have occurred before and they will have a policy to deal with it. Under Ontario law, your employer, even if that employer is a bank, cannot tell you where you have to bank – that being said, they usually make it more attractive for employees to do so and have policies to deal with situations like yours.

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