Wage Garnishments

How Wage Garnishments Can Affect You

If you have a significant amount of debt and are behind on important payments such as your mortgage, medical or hospital bills, credit card bills, or your car loan, your creditor can garnish your wages as a way to reclaim those delinquent payments.  This means that a creditor can withhold money from your paychecks until the debt is paid off.  This can obviously be very problematic if you need to use that money to pay for bills and other monthly expenses.  If your debt is great enough, your creditor can withhold your entire paycheck!  Wage garnishment also negatively affect your credit and can make it difficult for you to take out loans or credit cards.  If you want to know more about what to do if you a creditor has garnished your wages, contact a California bankruptcy lawyer as soon as possible.

Wage garnishments are the most common form of garnishment, but creditors may also garnish or freeze your bank accounts along with important benefits such as social security.  When this happens, any checks you write can bounce creating potentially embarrassing and costly situations. 

California Bankruptcy Lawyer

If your wages are being garnished by a creditor, filing bankruptcy may be the best option for you.  If you are considering filing for bankruptcy, you will need a hard-working and dependable group of bankruptcy lawyers by your side.  At Price Law Group, our compassionate and knowledgeable legal team can help guide you through each and every step of the bankruptcy process.  Bankruptcy can sometimes be complicated, but we will make sure you understand the impact bankruptcy will have on you and your family and help you take the appropriate course of action so you can get back on your feet again after struggling with debt.  Let us assist you now. 

Regain your financial freedom, and put a stop to wage garnishments today.  Contact a California Bankruptcy Attorney to find out how bankruptcy can help with wage garnishments and other types of garnishment.