Subscribe To This Site
XML RSS
Add to Google
Add to My Yahoo!
Add to My MSN
Subscribe with Bloglines
Home
Blog
Popular Topics Negotiating
Being Sued?
Deceased Debts
Credit Reports
Debt Not Mine
Foreclosure
Bankruptcy
Medical Debts
Free Resources Free Worksheet
Q & A
Complaints
Alerts
The Book Our Book
Buy Now
Testimonials
The Authors
Site Info Newsroom
Privacy Policy
Partners
 

Wage garnishment. What can I do?

by mzw008
(Van Nuys, California USA)

Quick click loans just won a judgement against me and got a wage garishment granted. I do not want to file bankruptcy but I can't afford to pay them 25% of my take home pay.
Is is worth it to consult an attorney? Or should I just file for an exemption? I am looking for the best and least expensive way to handle this.
Thanks!

Comments for
Wage garnishment. What can I do?

Click here to add your own comments

Feb 05, 2012
 Wage garnishment. What can I do?
by: Debtcollectionanswers.com

I am not an attorney nor do I know how easy it is to get an exemption from wage garnishment in your state or the basis of any exemption. However, I can tell you that if you have a lot of debt, bankruptcy is probably your best option.

If you qualify for a Chapter 7 bankruptcy, most if not all of your debt will be wiped out. If you qualify for a Chapter 13, you will get 3-5 years to pay off your debt (probably for less than the full amount that you owe) and you will be under the protection of the court during this time, which means that your creditors cannot try to collect from you. Also, regardless of which kind of bankruptcy you file, once your bankruptcy has begun the garnishment must stop.

If you would like to find out more about bankruptcy, you should schedule a free initial evaluation with a bankruptcy attorney. I also recommend that you learn more about the bankruptcy process and how to file for bankruptcy. A word of warning however! Don't try to handle your own bankruptcy. It's a very complicated process and you really need an attorney's help to benefit from it.

Click here to add your own comments





Learn how debt collection laws can help you!
This website does not provide legal advice.
All information is for educational purposes only.
Copyright 2007 - 2011 by Mary Reed and Gerri Detweiler.
All rights reserved.

SBI
SBI!

We are honored to be featured as a Best Money Site!

best money sites

free ebook chapter

debt collection help on DebtCollectionAnswers.com