March 9th, 2012 by Questions

i have a tax problem and currently government is garnishing my income, if however I retire and receive my CPP and OAS, does Revenue CAnada
garnish part of what I receive from it.

Posted from: Alberta


One Response to “mrs”

, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

While CPP and OAS typically can’t be garnished directly form the source (i.e taken before the money is put into your bank account), CRA can still seize the bank account whenever they choose. So you will probably be forced to deal with the debt via the filing of a bankruptcy or a consumer proposal before you can be assured that your retirement monies are safe.

Please post a follow up comment below:

(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)