BANKRUPTCY & GARNISHMENTS
OUR OFFICE CAN STOP WAGE GARNISHMENTS. CALL 513-752-3900 TO SCHEDULE YOUR FREE CONSULTATION
Once a creditor obtains a judgement against you they can garnish your wages. In the state of Ohio a garnishment can take 25% of your pay BEFORE TAXES.
You can stop a garnishment by filing bankruptcy. Once you file for bankruptcy an “automatic stay” goes into effect which prohibits further and stops all current collection efforts by creditors. If the garnishment continues after the case is filed all funds must be returned to you. Once you receive your bankruptcy discharge the debt is wiped clean and cannot be collected upon.
The “automatic stay” does not apply to domestic support obligations, such as child support or alimony. These are considered priority debts that are unaffected by the automatic stay and cannot be discharged through bankruptcy.
When you file bankruptcy you are required to list all your creditors so they can be notified of the bankruptcy. However, there is a chance that creditors may not be alerted in time to put a stop on the garnishment after they case is filed. In this case, any funds that are garnished after the bankruptcy filing will be returned to you.
If you are struggling with debt or a wage garnishment you should immediately contact our office for a free consultation. At Keegan & Company, you meet with an experienced attorney (not a paralegal or secretary) to discuss your individual situation. We have free consultations, fair fees and monthly payment plans.
Contact Keegan & Company Attorneys for help today.