Are you worried about wage garnishment? First, you should know that a garnishment of your wages will not happen unless your unsecured creditor receives a judgment from the court.
What is a Wage Garnishment?
A wage garnishment from a judgment happens when a court issues an order requiring your employer to withhold money from your paycheck. This is a specific amount of money used to pay off a debt in small installments until it is paid off.
How Do I Stop a Wage Garnishment?
You can end a wage garnishment by working directly with a creditor or by filing bankruptcy. First, try to negotiate with the creditor to come up with a payment plan. But, make sure that you can keep up with the plan. Or, you can explain to the court that you feel the garnishment should be reversed.
While bankruptcy can seem scary, it is actually a great way to start fresh. Some debts can be completely discharged and others greatly reduced. If you are unable to negotiate with the creditor to stop the wage garnishment, you may want to seek out a professional bankruptcy attorney to review your situation.
Looking for more information?
Are you in Southern California and unsure about which direction to take? Call our office to make a consultation appointment today. If you are outside Southern California, contact a professional bankruptcy attorney in your state for more information.