Legal Tip of the Week: Chapter 7 Bankruptcy can stop/recover garnishments
Did You Know…that Chapter 7 Bankruptcy can not only stop a garnishment, but can also recover past garnishments?
Many times are clients come to us for a bankruptcy when they are already being garnished by a creditor. Depending upon the type of garnishment, up to 25% of your wages can be garnished. Our clients want to file for Chapter 7 bankruptcy to stop that garnishment from happening in the future.
But we here at Marine View Law & Escrow can do much more than that for you. Not only do we stop the garnishment, but we can recover any past garnishments which have occurred in the past 90 days, if the amount garnished exceeds more than $600. For clients that have ongoing garnishments, being able to recover 90 days’ worth of garnishments is a huge deal for them. Shortly after filing the bankruptcy, we work with the creditor and/or their attorney directly and get a check made out to you for the full amount of the garnished amount that has occurred in the past 90 days.
If you are having a financial hardship, having a garnishment come out of your paycheck before you even see your paycheck only makes matters worse. Unfortunately, it leaves people having to decide which utility bill to pay, whether or not they can pay their rent or mortgage, and many other difficult choices that they shouldn’t have to make.
So if your wages or bank accounts are being garnished; don’t wait to call us. We can’t do anything to recover garnishments that have happened more than 90 days ago. The sooner you contact us, the sooner we can determine your options and decide if bankruptcy is right for you. If it is, then we move forward quickly toe can stop the garnishment and get a refund check into your hands.
To learn more about Marine View Law & Escrow, visit their website: www.marineviewlaw.com or call 206-701-6564.
[Would you like to have a Blogvertorial story, Ad and/or Event Listing like this on a popular, fast-growing website seen by over 80,000 interested Local Readers every month? Email us for more info, or check out our Advertise page!]