Threatened With Garnishment? We Can Help.
If your creditors are threatening to seize money you owe them by garnishing your wages or freezing your bank accounts, you have options. Filing bankruptcy can put an immediate stop to garnishment of wages and bank accounts.
At the Tucson law firm of Trezza & Associates, we can help you file bankruptcy in order to keep the wages and bank accounts you need to meet your regular living expenses. Contact us to set up a free consultation with experienced Arizona bankruptcy attorney Stephen Trezza.
Preventing Your Creditors From Collecting Through Garnishment
Garnishment is a procedure for collecting on debts by taking money directly from your paycheck (earnings garnishment) or bank accounts (non-earnings garnishment). A creditor can only garnish after suing you and getting a judgment.
If a creditor gets a judgment against you and initiates garnishment, you could lose up to 25 percent of your wages and all but $150 from your bank accounts.
Filing bankruptcy stops garnishment by putting an automatic stay on all debt collection actions against you. If any of your wages or accounts are garnished after you file bankruptcy, you can get that money back.
Taking Emergency Steps to Preserve Your Wages and Bank Accounts
If you have gotten a notice of garnishment, your wages are already being garnished, or your bank accounts have been frozen, we can help you take action quickly by filing an emergency Chapter 7 bankruptcy petition.
With emergency bankruptcy, we can generally obtain an automatic stay within 24 hours and get a notice to your employer, bank and creditors right away.
Once your wages start being garnished, your ability to make your home or car payments may be in jeopardy. It is important to talk to a lawyer right away who is prepared to file an emergency bankruptcy. Don't hesitate to contact us for help in stopping wage garnishment.
