Wage Garnishments and Bank Levies
Rancho Cucamonga Bankruptcy Lawyer
Wage garnishments and bank levies occur when a creditor obtains a court
order to put a hold on your bank account or withhold wages from your paycheck
in order to repay a debt. This act of repayment can be extremely detrimental
to individuals, especially because you are already in need of financial
assistance and withholding funds from you can make money even tighter.
If you or a loved one is facing a wage garnishment, frozen bank accounts
or bank levies, you need to turn to the understanding and experienced
Rancho Cucamonga bankruptcy attorney from the Atlantis Law right away.
In the event that you are unable to pay back non-secured debts, a collector
may be able to obtain a court order that allows for the withholding of
your wages from your paychecks. Many people do not want, or in fact need,
anyone other than themselves and their attorney to be aware of their financial
situation, and when wages are being garnished, your employer will know
immediately of your hardships. You can put a stop to the garnishment process
by filing for bankruptcy. When you file, an automatic stay will be placed
on to your account and all collection attempts will be forced to cease.
Bank accounts can be frozen if a creditor is trying to receive money from
a debtor. When a bank account is frozen, all deposits and withdraws will
be halted and it can be impossible to obtain your funds without paying
your bills. In a bank levy, the creditor or lender will go through a court
to obtain an order to freeze your accounts. This could cause major complications
if you have automatic deposit or if your spouse is on a joint account
with you. Filing for bankruptcy can put an immediate reverse on the bank
levy and allow you to access your account.
Protect your money!
There are many people who have good intentions of paying back debts, but
simply cannot afford the full amount of payments; this is especially true
when garnishment or levies have been placed against them. Without your
full amount of income, how are you going to be able to manage your money?
If you are facing wage garnishing or your bank account has been frozen,
you need to contact Atlantis Law right away. Their understanding team
will work with you to determine the full extent of your financial situation
and ensure that you receive the most favorable outcome for your case.
Questions and concerns can be directed to their trusted team by
contacting Atlantis Law and scheduling a
free case evaluation at your convenience.