Wage garnishment is embarrassing because your employer knows about your problem. But even worse is that wage garnishment lowers your take-home pay. If you didn’t have enough to live on before the garnishment, after garnishment you will have even less.
Here’s how wage garnishment works:
- You don’t have enough money to pay your bills.
- Your creditor sues you and gets a judgment against you.
- The creditor takes the judgment to your employer and has the employer take out 25% of your net take-home pay.
- You can plead hardship to the court, but that may only lower the garnishment to 15%, at best.
If you cannot pay your bills before wage garnishment, you certainly can’t afterward.
You can stop wage garnishment by filing for bankruptcy – Chapter 7 or Chapter 13. Whether you pay some of your debt back in Chapter 13 or pay nothing in Chapter 7, both cases will result in a discharge of debts at the end of the case.
Know your bankruptcy rights. Stop wage garnishment.
When faced with unmanageable, unpayable debts, it is time to talk to an experienced bankruptcy attorney who can explain and protect you rights. Contact us for an appointment, The first consultation is free.
