Protect Your Wages and Bank Account From Garnishment
If your creditors have sued you and won a judgment against you to force you to pay a debt, they may be able to use garnishments to obtain money. There are two types of garnishment: bank account garnishments and wage garnishments. To stop either, you need the help of an experienced and knowledgeable attorney.
The Golden Law Group is one of the leading consumer debt law firms serving Tampa, Florida, and surrounding communities. The firm provides experienced, efficient and individualized service for clients who wish to stop wage garnishment, bank account garnishment or deal with other debt problems.
You May Be Able to Stop Wage Garnishment
A judgment creditor can take up to 25 percent of your disposable income through wage garnishment. That is a very serious threat, and one that you should respond to forcefully. It is possible to stop wage garnishment, but not in every situation.
The laws that allow creditors to garnish wages contain exemptions. For example, if you are the head of a family, providing more than half of the support for a minor child, you are exempt from wage garnishments.
How to Defend Against Wage Garnishments in Florida
Once a creditor gains access to your bank account and makes withdrawals, there is no way to get that money back. The creditor may have access to your entire life savings. This can deplete your financial resources very quickly. You need to act fast if you want to prevent it from happening.
You can stop bank account garnishment using exemptions for the head of a household. In addition, if you share a bank account with your spouse, but the debt is only in your name, you can stop the creditor from withdrawing money from that account.
Consider Bankruptcy for Debt Relief. Talk to A Golden Law Group Lawyer Today.
If you do not qualify for exemptions to stop wage garnishment or bank account garnishment, you may want to consider eliminating the root cause of your problem: your debt. You can file for Chapter 7 bankruptcy or Chapter 13 bankruptcy to eliminate debt and regain financial independence.
Free Consultation · Affordable Payment Plans Possible · Toll Free 888-325-7602 | 800-438-9121
Contact an experienced Florida bankruptcy attorney at The Golden Law Group to schedule a free initial consultation. Offices are conveniently located in Brandon, Tampa and Bradenton, Florida. The firm represents clients in communities throughout Manatee County, Hillsborough County and Saratoga County, Florida.