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IF YOU HAVE HAD YOUR WAGES GARNISHED, IS THERE A WAY TO STOP IT?
No one wants their wages garnished, which is when a portion of your paycheque is taken before you receive your pay. I am often asked if there is a way to stop wage garnishment, and there are a few options..
- Quit your job. You cannot garnish a paycheque that doesn’t exist, however this is far from an ideal solution to solving financial issues
- Alternatively you could get a loan and pay off the debt in it’s entirety
- File a consumer proposal, in which your creditors agree to a payment plan for a lesser amount that you currently owe
- Declare bankruptcy