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Company Pension

if a cosigner is retired and on a company pension can a creditor garnish the pension for non payment?

Posted from: British Columbia

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One Response to “Company Pension”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

While it varies slightly in each province, normally a pension is not something that can be garnished from the source (i.e. directly from the party paying the pension). However, once the money is in a bank account there is nothing preventing a creditor from seizing teh bank accout.