[Jo513]

Only CPP,and old age pension deposits,in account

[tickle]

Jo, if you want to have money to pay bills; inform the government that cheques are to be sent to your home address or a box number. Do not have them deposited in your bank account or they will be taken.

Tick

[Jo513]

Question: Can Canada Pension or Old Age Security payments be garnished?

Answer: Under the Ontario Wages Act only wages can be garnisheed. The only exception would be if you owe money to the government, such as the Canada Revenue Agency, they can garnishee a CPP or OAS payment.

One option would be to simply open a new bank account at a new bank, and deposit your CPP and OAS payments there; since your other creditors do not know about that bank account, they cannot automatically take money out of it.

[Jo513]

Question: Can Canada Pension or Old Age Security payments be garnished?

Answer: Under the Ontario Wages Act only wages can be garnisheed. The only exception would be if you owe money to the government, such as the Canada Revenue Agency, they can garnishee a CPP or OAS payment.

One option would be to simply open a new bank account at a new bank, and deposit your CPP and OAS payments there; since your other creditors do not know about that bank account, they cannot automatically take money out of it.