What legal actions can creditors take if you stop paying your debts? From collection calls to lawsuits and wage garnishments, Licensed Insolvency Trustees explain the real timeline of creditor actions—including how the CRA (Canada Revenue Agency) collects without going to court, and how to avoid scams when seeking help.

✅ Know your rights
✅ Understand the legal process
✅ Learn when (and how) to take action with confidence

00:00 – Can You Go to Jail for Not Paying Debt in Canada?
03:00 – When Do Creditors Start Calling After Missed Payments?
06:45 – When Can Creditors Start Legal Action Against You?
09:40 – Understanding the Statute of Limitations on Debt in Canada
12:20 – Debt Collections vs. Debt Buyers: Why Debts Are Sold
16:00 – How to Know If You're Actually Being Sued
17:00 – Superior Court vs. Small Claims Court: What If You Ignore It?
20:00 – CRA Collection Powers: Wage Garnishment Without Court
24:00 – Court-Ordered Support Payments (e.g., Child or Spousal Support)
26:00 – Practical Tips for Dealing with Debt Collectors
27:30 – What to Do If You're Facing a Wage Garnishment
29:00 – Avoiding Debt Relief Scams: Why You Need a Licensed Insolvency Trustee

How To Find Legitimate Debt Help in Canada

Legal Actions Creditors Can Take When You Don’t Pay

Hoyes Michalos YouTube: Will a Debt Collector Sue Me?

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Disclaimer:
The information provided in the Debt Free in 30 Podcast is for entertainment and informational purposes only and is not intended as personal financial advice. Individual financial situations vary and may require personal guidance from a financial professional. The views expressed in this episode do not necessarily reflect the opinions of Hoyes, Michalos & Associates, or any other affiliated organizations. We do not endorse or guarantee the effectiveness of any specific financial institutions, strategies, or digital tools/apps discussed.