navigation
Richard Banks & Associates, P.C.
free consultations
local: 423-244-0009
toll free: 866-596-8527
Practice Areas

Bankruptcy may be able to help prevent or stop wage garnishment

Bankruptcy can help with a variety of concerns struggling consumers may have including. One of those concerns is wage garnishment which, in addition to being stressful, can make it more difficult for struggling consumers to repay their debts as they work towards paying their bills and reducing what they owe.

It is important for struggling consumers to be familiar with the resources available to help them avoid wage garnishment or stop wage garnishment. One of the most important aspects of the personal bankruptcy process for those considering filing for bankruptcy to be familiar with is that once the filing party files for bankruptcy protection, an automatic stay goes into effect which prevents creditor collection actions while the bankruptcy process progresses. This is a valuable protection for struggling consumers.

Wage garnishment is no exception to the rule preventing creditors collection actions while the bankruptcy process progresses. Regardless of the stage of the process the creditor collection action may be in, including filing, judgment, collection or wage garnishment, personal bankruptcy protections may be able to prevent or stop wage garnishment. It is important to keep in mind that there are different bankruptcy options available for struggling consumers in different situations.

Struggling consumers facing the prospect of wage garnishment should be familiar with the different types of personal bankruptcy protection and how they may be able to help them with their wage garnishment concerns as well as their overall debt concerns. Personal bankruptcy options are available to help struggling consumers enjoy debt relief so they do not have to face the stress of overwhelming debt or wage garnishment each day.

No Comments

Leave a comment
Comment Information