A garnishment can be devastating — stop garnishment now
You are at the gas station and your debit card will not work or you go to pay your rent or mortgage and your check bounces. One of the most embarrassing and stressful experiences can be finding out that your wages have been garnished or that your bank account has been frozen. Many times creditors will successfully sue you, obtain a judgment, and then garnish your wages or freeze your bank account (a bank levy) without you ever even knowing. By then, many believe it is too late. But with the help of The Law Offices of Dax J. Miller, you can stop garnishment now.
Fortunately, hope exists. Our bankruptcy and garnishment attorney may help you stop or even prevent wage garnishments and bank account levies.
Garnishment Law
The ability to stop wage garnishment all depends on your situation. There are statutes that may allow you to protect your wages or bank accounts from creditors. Indiana statutes also govern how much can be taken and in what circumstances. If your only problem consists of one creditor that is garnishing your wages, then debt settlement may be a great option for you.
Filing Bankruptcy to Stop Garnishment
Fortunately, filing for bankruptcy may allow you to not only stop the garnishment, but also recover money that the creditor took from you. Recovering that money occurs through a preference action, which consists of your Indiana bankruptcy attorney collecting money from your creditor on the basis that they unfairly obtained money from you that may otherwise be protected. The beauty of a preference action lies in the fact that it is not limited to just money. Vehicles, boats, and assets of any kind may be recovered through a preference action.
The basic requirements are that:
- the property was involuntarily seized within 90 days of the filing of your bankruptcy;
- there is equity (value) in the property equal to or more than $600.00; and
- you have the right to exempt all or a portion of the property in your bankruptcy.
Each person’s situation presents different options so call today to learn how we might be able to help you.
