What is a wage garnishment? A wage garnishment occurs when you default on your debt and your creditor obtains a judgement against you in court. A wage garnishment in Small Claims Court can involve seizing up to 20% of your earnings. When a tax debt is owed to the Canada Revenue Agency they do not need a court order to garnish (seize) your wages because they have the authority to do so under the Canadian Income Tax Act. The Canada Revenue Agency can garnish up to 50% of your primary employment earnings and up to 100% of other earnings, such as pension income.
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3. How much time can I devote to this every day/week and what’s my target income? Remember the goal is to have additional income so a) you should be allotting sufficient and realistic time on this, and b) your earnings should be worth … Read More