Is your hard-earned money vanishing from your paycheck? Wage garnishment can be a stressful and overwhelming experience. But there’s hope. The Bill Slayer (Law Firm of Robert J. Adams) can help you put a stop to wage garnishment and regain control of your finances.
How Bankruptcy Can Help:
- Immediate Protection: Filing for bankruptcy triggers an “automatic stay” that halts all collection efforts, including wage garnishment.
- Debt Elimination: Chapter 7 bankruptcy can wipe out unsecured debts like credit cards and medical bills that often lead to garnishment.
- Manageable Repayment: Chapter 13 bankruptcy creates a structured repayment plan you can afford, ending the garnishment cycle and other collections.
Understanding Wage Garnishment in Illinois:
- How it Works: A creditor with a court judgment can garnish up to 15% of your gross wages until the debt is paid in full.
- The Process: A creditor sues you -> The court issues a judgment against you -> The creditor obtains a wage garnishment order -> Your employer withholds a portion of your wages.
Fighting Wage Garnishment:
- Paying in Full: Hard to do
- Negotiating: Creditors rarely agree to repayment plans once garnishment is in place.
- Hardship Relief: Illinois courts cannot modify wage garnishment orders.
- Quitting Your Job: A temporary fix that can lead to long-term financial instability.
- Live with less money. Challenging and stressful.
- Bankruptcy: The most effective way to stop wage garnishment and address the underlying debt.
Important Considerations:
- Priority Garnishments: Child support, IRS levies, and certain other debts reduce the amount of money taken.
- Exemptions: Illinois also exempts workers who gross less than 45 times the minimum wage
- Additional Costs: Garnishments often include court costs and interest, further straining your finances.
- Some employers charge a fee every time they deduct from your paycheck
Don’t Delay, Act Now:
- The sooner you file for bankruptcy, the sooner the garnishment stops.
- Money garnished before filing is lost forever.
We’re Here to Help
- Financial Assistance: We help people with financial problems.
- Availability: Our lawyers are available every day, including weekends.
- No Money Down: We offer a “No Money Down” option for those with steady jobs but limited funds.
Act Now: Stop wage garnishment with the help of Robert J. Adams: The Bill Slayer.
Call The Bill Slayer Today: 312-804-1944