Many people know they are facing debts but often feel they have no choice but to put them off. While many creditors may simply report the debt to credit bureaus and write it off, some will not and will choose to go through the process of garnishing your wages.
Wage garnishment can be devastating for those on a fixed income. At the Hayes Law Firm, APC, our knowledgeable and experienced team will work with you to examine your financial situation and chart a path forward. When you need a Montebello stop wage garnishment attorney, call us today.
Wage garnishments occur when a creditor is legally allowed to take payments directly from your regular paycheck because of a debt you owe. Some debts can be garnished without a creditor filing a lawsuit against you while others require a court order. Some debts that can be garnished include:
For credit card loans and medical debt, the creditor is going to have to get a court order after filing a lawsuit against you before they can begin garnishments.
There are limits as to how much can be taken from your wages. They can take no more than:
The following debts can be garnished by the government automatically without a lawsuit:
Please note: Child support wage garnishments can be as high as 50 – 60% of your disposable income and an additional 5% may be garnished if you are over 12 weeks behind in payments.
Filing for bankruptcy is a way to either eliminate most outstanding debt (Chapter 7) or renegotiate a payment plan with creditors (Chapter 13) and could be an option to stop wage garnishments. However, some of the debts discussed above cannot be eliminated in bankruptcy. This includes court-ordered child support, alimony payments, back taxes, and student loans.
However, credit card debts, medical debts, and other personal loans can typically be discharged or worked into a repayment plan during the bankruptcy process, potentially eliminating wage garnishments.
If you have been notified that your wages will be garnished as a result of a debt you owe, please consider seeking legal assistance. We know that anything that lowers the amount you take home on your paycheck can be devastating to your ability to support yourself and your family. At the Hayes Law Firm, APC, we will work with you to examine your income and debts, negotiate with creditors, and form a repayment plan. When you need a Montebello stop wage garnishment attorney, you can reach out for a free consultation by clicking here or calling us at 323-477-1415.
At The Hayes Law Firm, APC, we serve all of Los Angeles and the Inland Empire, so whether you need a personal injury attorney in Montebello or a premises liability attorney in San Bernardino, we are here to serve you. Unlike other attorneys who view clients as cases, we understand that your experience has a human story behind it, and when you are in our offices, you are like a member of the family. We are ethical and compassionate, and we will take the time to find the best solution for your unique case and will work together with you every step along the way. Contact us today for a free consultation.