Avoiding Wage Garnishments
When individuals fall seriously behind on payments to their creditors, the companies that hold their debts may pursue wage garnishment to recoup the money owed. Wage garnishment is regulated by state and federal statutes and typically requires a court-order before the program is forced upon the debtor.
Luckily, there are several steps an individual may take to avoid wage garnishment. It is assumed that most people would prefer to settle debts on their own terms, so wage garnishment should be avoided if at all possible. If you are facing wage garnishment for debts owed, contact the Boston bankruptcy lawyers of Joshua Spirn & Associates at 1-800-975-5346.
Common Ways of Avoiding Wage Garnishment
As with most financial cases, the best plan of action typically depends on the individual’s personal situation. Common steps to take to avoid wage garnishment often include:
- Contacting your creditors directly. Individuals may try to work out a payment arrangement directly with their creditors in order to avoid a court-ordered payment.
- Arranging for a negotiated settlement directly with your creditors. Some individuals arrange for partial payment of a smaller amount.
- Challenging wage garnishment in court.
- Filing for bankruptcy.
It is important for individuals facing wage garnishment to deal with the issue quickly and efficiently. By organizing your financial records and consulting with experienced legal and financial professionals, many people find they may be able to avoid wage garnishment altogether.
Contact Us
If you or someone you know is facing wage garnishment for non-payment of debts, contact the Boston wage garnishment attorneys of Joshua Spirn & Associates at 1-800-975-5346 to discuss your legal options.
