When a creditor sues you, it “serves” you with a civil complaint that seeks a judgment against you. When that creditor wins, it receives a money judgment against you from the court. That’s basically a piece of paper that says you owe the creditor money. What can the creditor do with that piece of paper? It can, among other things, (1) garnish your wages, (2) levy the money in your bank account, or (3) place a judgment lien on your home.
I know a lot of people who can pay their bills. I don’t know a lot of people who can pay their bills when their wages or bank accounts are being garnished. The filing of Chapter 7 or Chapter 13 Bankruptcy will stop the garnishment and discharge your debts so that you can get back on track. Please be aware that time is of the essence when it comes to a garnishment on your wages or a levy against the money in your bank accounts. It absolutely matters how quickly you address the situation and if your goal is to not lose your hard-earned money, then you must consider the possibility of filing for bankruptcy.
At the Wagner Law Office, P.C., we will make it a priority to stop the garnishment as soon as possible. We will make it a priority to protect the money that is in your bank account. Call today to schedule your free consultation with a bankruptcy attorney and be sure to mention that you are being garnished so we can ensure that we get you into our offices as soon as possible.