I have been meeting with a lot of people lately that have received a notice of a wage garnishment from their employer. Wage garnishments are terrible. You are embarrassed because your boss/HR Department now knows that you are going through financial difficulties, you may be barely getting by as it is, and now you are being told that your paycheck will be 25% less! Bankruptcy can help in stopping wage garnishment, but first it helps to understand what Arizona’s wage garnishment laws are and what the procedure is for garnishing [...]
As I say throughout my website, no one wants to file for bankruptcy. Bankruptcy is usually an absolute last option for people after trying to manage their debts over several months or even years. You keep trying to come up with some payment arrangement with your creditors, holding out hope that your income situation will improve or that the creditors will somehow simply go away. I often meet with clients and then won’t hear from them for months, only to have them come back and say that it is finally time [...]
In Arizona once a creditor has a judgment against you they can seek to garnish up to 25% of each of your paychecks. Losing a full quarter of your income every two weeks is enough to put many families under. In light of this it is no surprise that when a family does get hit with a wage garnishment they often come in to visit with me about a bankruptcy filing. The goal in meeting with me is to get the garnishment stopped and to get it stopped now. The [...]
