With A Good Bankruptcy Attorney, Webster Grove Residents Could Stop Garnishment

Are your financial problems getting worse instead of better? Have you done everything you can to resolve your money issues? If you have answered “yes” to these questions, it is time to get some help. Unfortunately, there are times when things happen to max out your budgets, like job loss, unanticipated medical expenses, or even a relationship change. These situations can quickly deplete your savings and cause you to get behind on payments. Your debtors can file a petition to have some money taken out of your wages each pay period to help pay the amount in arrears. If this fits your circumstances, take steps to stop garnishment with a bankruptcy attorney.

You do have some options if your finances are uncontrolled. Talking with your creditors to work out a repayment schedule may be possible. If the debtor agrees, they can stop garnishing your paycheck. You can also challenge the garnishment in court and claim exemptions based on your financial state. There must be documentation that identifies your failure to pay for standard living expenses if your income is reduced. This often leads to a smaller garnishment. Social security, alimony, and retirement incomes are common exemptions.

When debts are overwhelming for any reason, bankruptcy may genuinely be the best option. A bankruptcy attorney can offer guidance based on your circumstances.

Stop garnishment with a bankruptcy attorney by contacting the knowledgeable legal team at Teague & Associates at (314) 899-4499. We will happily arrange for you to sit and discuss your finances with one of our lawyers. Let us assist you with your debt problems.