'Judgements' & 'Garnishing Wages' - what does it all mean?

Tuesday, March 25, 2014 - 00:09

Consumer Proposals, Bankruptcy, Wage Garnishment

People in debt have something in common - a sense of being overwhelmed - not just by debt but by how complicated they feel resolution may be.

A recent client had a fairly large amount of debt (large to them) - close to $100,000. They knew for some time that they really needed to take action, but things had advanced to the point that they had judgements against them. They were also concerned with what 'wage garnishment' could mean to them. These terms can add extra 'fear' to an already scary situation.

Judgements are court orders that allow creditors to garnishee your wages or seize assets.

If judgements have already been issued against you, you don’t want to wait. You need to get help as soon as possible.

Filing a consumer proposal or personal bankruptcy will immediately prevent your creditors from enforcing their judgements and protect your wages.

Regardless of your situation, we can put you on a path to resolve your personal debt problems.

Contact us for a free initial consultation - we'll help you get a fresh financial start.

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