Tuesday, August 14, 2012

Bankruptcy Can Stop A Wage Garnishment

Timing Is Everything when Filing Bankruptcy To Stop A Wage Garnishment

Can filing bankruptcy stop a wage garnishment?  As a Atlanta Georgia bankruptcy firm specializing in Chapter 7 and Chapter 13 cases, this is a question most of our clients ask whenever a creditor has successfully obtained a court judgment against them. After a successful court judgment against a debtor, wage garnishment usually follows. Debtors usually think that an immediate bankruptcy filing is a good idea to stop the garnishment of their wages.

Sections of the Bankruptcy Code provide that a debtor may recover property — such as wages — that have been involuntarily taken from the debtor during the 90 days preceding his bankruptcy filing. These sections are enacted to allow debtors to recover money or property.

Being a bankruptcy firm who has served Atlanta for over 30 years, we advise our clients to take care in deciding on when to file for bankruptcy in order to stop a wage garnishment in Georgia. Timing is everything in filing for bankruptcy to recover garnished wages. If the garnished wages total less than a certain amount they can’t be recovered.   

Filing for bankruptcy is similar to having a well thought out business strategy. You need the help of a specialist to make use of the law to your advantage. The lawyers at The Law Office of King and King specialize in Chapter 7 and Chapter 13 cases and will help you obtain a fresh start. Please call our office at 404-524-6400 for a free-no hassle consultation.