How to Stop CRA Garnishment After Receiving an RTP Demand Payment Letter

Ever felt the stress of unexpected financial setbacks? How to stop CRA garnishment is a question many Canadians face when dealing with debt issues and a RTP (Requirement To Pay) from the Government of Canada. Understanding the steps to halt this process can alleviate a significant amount of stress and help you regain control over […]

How Many Times Can You Do A Consumer Proposal

Ever felt like you’re stuck in a financial maze with no exit in sight? Debt can weigh you down, making every day feel like an uphill battle. But what if there’s a way to reset and start fresh? How many times can you do a consumer proposal? The straightforward answer is that you can file […]

Who Can Put a Lien on Your House in Canada?

Liens can significantly impact property ownership in Canada, often catching homeowners off guard. Understanding liens—what they are, the types that exist, and who can place them on your property—is crucial for any homeowner. This article unpacks the complexities of liens, explores potential lien holders, and discusses the consequences they can have on property sales. It […]

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How much can be garnisheed from my wages?

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?

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

Barton Goth, GCO Inc. Bankruptcy Trustees said...

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.