September 28th, 2010 by Questions
is their a maximum that revenue canada can garnish per pay period
Posted from: Alberta
September 29, 2010 at 8:17 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
When you are dealing with normal creditors there is no maximum that can be garnished but a formula that must be followed that limits the amount that can be taken by a creditor.
However, Canada Revenue Agency is no ordinary creditor. They are not bound by these rules. While this doesn’t make a great deal of sense, they can garnish whatever they think is appropriate and the only way to stop this is by filing either a bankruptcy or a consumer proposal.
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