Many people feel that once a garnishment is in place, it’s too late to do anything about it. This assumption is not true; a Bankruptcy or Consumer Proposal will end a garnishment and collection activity once the documents have been filed through a Licensed Insolvency Trustee, such as A. Farber & Partners.
A. Farber & Partners have been helping people stop garnishments and offering debt relief for over 35 years.
You don’t have to wait until a garnishment is in place before seeing us. The sooner you let us deal with your debt problems, the better.
A Farber & Partners can help prevent a garnishment from happening in the first place. Many people wait way too long before seeing us.
We offer a free financial consultation to discuss all your options, so you can make the choice that is right for you. Once someone has filed a bankruptcy or a consumer proposal, all forms of collection will stop and any judicial proceedings will cease. This means that the collection notices, phone calls and court proceedings will stop once the creditors or collection agents are made aware of the bankruptcy or consumer proposal, which will happen very quickly.
Many people wonder if a bankruptcy or a consumer proposal will stop Canada Revenue Agency (CRA) from collecting on past debt. YES, filing a bankruptcy or consumer proposal will stop CRA from collecting on past debt (including the stopping of a garnishment or the ceasing of a Requirement to Pay). There are certain debts which are not covered under sec.178 of the Bankruptcy Insolvency Act.
At A. Farber & Partners, we help review your debts with a free financial consultation and make sure that the right choice is made prior to filing a bankruptcy or consumer proposal.
It is never too late to stop a garnishment and debt collection.
Contact us to review your all of financial options, free of charge.