Judgment Day Under Reform
Behold, judgment day is upon us, or more accurately, money judgment day. When I first looked at the new law being proposed in BC about money judgments I almost cried. It’s terrifying to see how many bad things can happen…
Debtor’s Prison and Debtor Hell
By Margaret H. Johnson
You’ve heard about debtors’ prisons, right? They were made somewhat famous by Charles Dickens in the 1800s through fictional characters and events. His father had been imprisoned for debt. His family suffered great shame and austerity. …
Canadians at Risk
Many Canadians are trapped in the never ending cycle of paying off, and then racking up mountains of debt. Credit card interest rates, often looming around 28% or higher, do not help or motivate consumers who are trapped in the …
Even in Debt…
You have rights too…
Last week I received a telephone call from Jessie, a 31-year-old, single mother of three. She was sobbing hysterically because a debt collector had told her he was going to garnish her wages. Jessie was …
Enforcement of a Judgment
No, you cannot go to jail for not paying your debts
Paying the piper
If the debtor either cannot or will not pay the debt, the creditor has several possible courses of action to attempt to enforce their judgment. The …
Debtors Beware
Consolidation loans no quick and easy answer
“I never thought in a million years I would ever be here” and “I can’t believe this is happening to me” are the anguished cries that I have heard countless times from clients …
