Can Bankruptcy STOP Wage Garnishments?
At Springer Law Firm, we notice that many people get confused between wage garnishment and wage assignment. Regardless of what is actually happening, filing bankruptcy will STOP BOTH IMMEDIATELY!!
Voluntary Wage Assignment, Rockford, IL Bankruptcy Sometimes when a person gets a loan, the lender will have the borrower sign a document stating that the lender can take money from the borrower’s paycheck if the borrower doesn’t make payments on their own. This is known as a voluntary wage assignment. Bankruptcy is not necessary to stop this type of collection, and often a simple letter from your attorney will be enough to stop this type of collection. At Rockford Bankruptcy Lawyers we draft and send these letters for only $100. However, this letter will not wipe out the underlying debt. You will need to file bankruptcy to do that. Wage Garnishment, Rockford Bankruptcy Lawyers Wage garnishment happens when a creditor sues the debtor in state court. Once the creditor gets a judgment from the court, they are able to collect the debt using various state collection practices. One of the most common collection practices is wage garnishment. Wage Garnishment is an order from the court that your current employer must pay the creditor directly from your paycheck each pay period. This type of collection CAN ONLY BE STOPPED by filing BANKRUPTCY. Contact us and schedule a free consultation either in the office or over the phone to discuss how bankruptcy will STOP wage assignment or garnishment and eliminate debt! |
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SPRINGER LAW FIRM | FREE CONSULTATIONS | 815-312-4725 | 5301 E State St #216D, Rockford, IL 61108
Springer Law Firm is a debt relief law firm. In no way does the completion of any forms or the submission of information to Rockford Bankruptcy Lawyers by way of this website constitute any type of attorney/client relationship or privilege. Information on this website is in no way to be interpreted as formal legal advice.
Springer Law Firm is a debt relief law firm. In no way does the completion of any forms or the submission of information to Rockford Bankruptcy Lawyers by way of this website constitute any type of attorney/client relationship or privilege. Information on this website is in no way to be interpreted as formal legal advice.