Keep Your Hard Earned Money: Stop Wage Garnishment Using Chapter 7 Bankruptcy

Posted by changandcarlin on June 19th, 2013

Having your wages garnished is one of the most upsetting things that can happen to a person. Garnishments can diminish your hard-earned income, making it nearly impossible for you to afford basic necessities.

Chapter 7 Bankruptcy and Wage Garnishment: The Power of the ‘Automatic Stay’

Fortunately, the bankruptcy code provides a powerful measure by which you can stop wage garnishment; Chapter 7 bankruptcy, which is one of the most effective ways to immediately stop garnishments. Once a bankruptcy petition is filed, the powerful “automatic stay” goes into effect. The automatic stay orders creditors to stop any and all collection activities going on against you. Garnishment, thus, is ceased upon filing. The stay remains in effect until the court orders otherwise. By filing Chapter 7 bankruptcy in Chicago and stopping the garnishment, you’ll be able to use your income for more important necessities in life and start saving for your family's future.

As long as your Bankruptcy is granted and your debt is discharged, you will never again see that disheartening wage garnishment appear on your pay check.

Government agencies, such as the IRS or California's state tax agency, have the authority to garnish your wages without filing a lawsuit. However, filing for Chapter 7 or 13 can stop IRS garnishment actions as well.

If the chunk of your pay check affected by wage garnishment is significant, then filing for bankruptcy as soon as possible can be critical to protecting your hard earned money.

It is crucial that you contact an experienced Bankruptcy lawyer in Chicago immediately if you are facing wage garnishment or levy action. While filing for bankruptcy stops garnishment and a levy, you usually cannot recover funds already taken before you filed for bankruptcy protection.

The lawyers at Chang and Carlin use experience and knowledge to seek the best possible outcome for clients. Chang and Carlin LLP’s bankruptcy attorneys in Chicago help determine if you are qualified for Chapter 7 by completing the required means test and other paperwork. Once the documents have been filed with the bankruptcy court, all creditor harassment, garnishments, foreclosure actions and lawsuits must stop. Chang and Carlin LLP’s experienced attorneys assist their clients in utilizing all available exemptions under the Bankruptcy Code so that they can keep as many of their assets as allowed.

Contact Chang and Carlin for a Free Bankruptcy Consultation Today!

Chang and Carlin L.L.P offer expertise to clients who find themselves in financial trouble and need guidance to regain financial stability. If you need more explanation of what Chapter 7 Bankruptcy entails, it may be time to consider speaking with Chang and Carlin, LLP’s bankruptcy attorneys in Chicago, Illinois.

If you are filing for bankruptcy in Illinois, get in touch with Chang and Carlin, LLP today for a Free Bankruptcy Consultation. We understand what you’re going through and can help you successfully navigate the bankruptcy process from start to finish.

Disclaimer: The content provided by Chang and Carlin, LLP is not legal advice and is purely for informational purposes. The information contained herein is not a substitute for the advice of an attorney and does not create an attorney-client relationship. If you are interested in obtaining information about Chapter 7 Bankruptcy, Chapter 13 Bankruptcy, Foreclosure services, or Real Estate legal services, call our law firm at 1-866-790-8601 for a Free Legal Evaluation. Chang and Carlin, LLP serves clients in Chicago, Schaumburg. Joliet, and Warrenville.