Will Bankruptcy Stop a Wage Garnishment?
Yes, filing Chapter 7 or Chapter 13 bankruptcy will automatically stop a wage garnishment. If it is a dishcargeable debt (credit card, repossession, medical bill, etc.), then it will be stopped for good. If it is a non-dishchargeable debt (most taxes, student loans, MVA debts), it will be stopped while the bankruptcy is pending (usually about 4 months for a Chapter 7), but then start up again after the bankruptcy is discharged.
You can file bankruptcy before or during a garnishment. In other words, just because it has already started, that doesn’t mean you cannot stop it. It stops as soon as you file your bankruptcy.
In some cases, depending on how much money has already been taken from you and over what period of time, you can get your money back from the creditor after the bankruptcy is filed.
If you are looking for a Maryland Bankruptcy law firm to help you file a Chapter 7 or Chapter 13 bankruptcy, call us. We are bankruptcy attorneys with a great deal of experience.
Call (410) 766-4044 or send us an e-mail through the website today.
We look forward to helping!
David L. Ruben, Esquire