Wage Garnishments and Attachments

Every individual who willingly enters into a debt or who utilizes the services of a corporate interest under an implicit or explicit contractual agreement regarding payment is understood to have an obligation to uphold his or her end of the bargain.

Unforeseeable events such as a job loss, divorce, or unexpected emergency expense can interfere with one’s capacity to meet the established repayment terms though not necessarily through any personal fault. While some creditors and companies may be willing to work with you to resolve the matter, many will not be inclined to grant you leeway for such occurrences.

As collection efforts proceed from initial letters and phone calls through the formal pursuit of a legal action, the consequences of inaction can become progressively direr. If a judge finds in favor of your creditor and enters a judgment against you, then you may find yourself subjected to wage garnishment. Contact the Arizona bankruptcy lawyers of the Harmon Law Office, LLC at 480-829-0494 to learn how you can put an end to the threat of most garnishments.

How Garnishment Works

Essentially, wage garnishment functions as a way to compel you to repay debts that are outstanding. Depending upon the nature of the debt that is to be repaid this may occur through a deduction made from your bank account or by your employer directly from your paycheck.

This can be a humiliating experience, and could even lead to job loss in some cases. As for the amount of the garnishment, there is a complicated statutory formula by which this is calculated. Generally speaking, there is a federal minimum that is guaranteed protection and then up to 25% of income or earnings above that threshold may be garnished.

Contact Us

A bankruptcy filing can eliminate most wage garnishments and a successfully completed discharge can prohibit all future collection efforts on some debts. Contact the Arizona bankruptcy lawyers of the Harmon Law Office, LLC at 480-829-0494.