Question: Help I am scared out of my mind
My wages were garnished at work, i can’t pay my bills because of this. Can i go to a credit relief program and have them look at it. It hasn’t started yet…next pay.
I’m petrified.
Answer: There are only three ways to stop a Revenue Canada wage garnishment.
First, you can call CRA and attempt to make a deal with them so they will stop the garnishment; that is generally not easy to do.
Second, you can file a consumer proposal, which immediately stops the garnishment for 45 days while all of your creditors, including CRA, votes on the proposal. If CRA is your largest creditor, it may be difficult to get them to accept the proposal.
Finally, you could file bankruptcy in Ontario, which also stops the wage garnishment.
Either way, you should contact an Ontario bankruptcy trustee immediately to decide which option is right for you, and to stop the garnishment as soon as possible.