Aurora Bankruptcy and Wage Garnishment | What is a Wage Garnishment?

Learn more about what a wage garnishment is in a Littleton, Aurora, Centennial bankruptcy.

In Aurora, a wage garnishment means a court has issued an order that requires your employer to take a certain amount out of your paycheck, and send it to the court to pay creditors.  This amount will be taken out of your paycheck until your debt is paid off. If you owe money for student loans, back taxes or child support, for example, your wages may be garnished. If you are currently experiencing wage garnishment or are afraid your wages may be garnished, contact Aurora bankruptcy attorney Barry Arrington today. This is the best way to stop a wage garnishment before it ruins your way of life.

Creditor Lawsuits in Littleton for Wage Garnishments | Creditors Must File a Lawsuit Before Wage Garnishment

Before a creditor can garnish your wages in Littleton, they must file a lawsuit. If you are in debt because of failing to make credit card payments each month or because you could no longer afford your medical bills, for example, creditors cannot simply begin garnishing your wages. They must first sue you and obtain a court order that states what you owe them. How much of your paycheck that can be garnished depends on the type of debt you owe. Do note, however, that if you are unemployed and are receiving unemployment benefits or Social Security benefits, that income cannot be garnished. Creditors must wait until you get a job to begin wage garnishment.

Centennial Chapter 7 or Chapter 13 Bankruptcy Can Stop Wage Garnishments

In Centennial, the good news is that a Chapter 7 or Chapter 13 bankruptcy can stop wage garnishment. If you file a Chapter 7 or Chapter 13 bankruptcy in Colorado, an automatic stay will go into effect. The automatic stay works to protect you from most collection efforts by creditors, including lawsuits and wage garnishments. While the automatic stay is in effect, creditors cannot garnish your wages at any point during your Chapter 7 or Chapter 13 filing process. However, there are some debts, such as child support, which will not be protected under the automatic stay. Generally, filing bankruptcy is a good idea if you have multiple creditors trying to garnish your wages so you can take advantage of the automatic stay bankruptcy tool.

Christian Greenwood Village Bankruptcy Lawyer Barry Arrington: Call with Questions About Wage Garnishments

If you are looking for an honest, affordable, Christian bankruptcy lawyer in Greenwood Village, give bankruptcy lawyer Barry Arrington a call. Barry knows how scary and frustrating it can be to experience debt and wage garnishment. Sometimes, creditor collection actions can be overwhelming and add to the existing stress of being in debt. Call Barry today if you have more questions about wage garnishment to schedule a free initial consultation and be on your way to your best, fresh start.

If you have more questions about wage garnishments in Colorado, contact Christian bankruptcy attorney Barry Arrington today. He will help you get a fresh start and take advantage of the automatic stay. Contact experienced bankruptcy lawyer Barry Arrington for a free consultation at 303-205-7870.

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