Wage Garnishment & Bank Levy
When a creditor obtains a writ of execution from the court, the creditor is free to take aggressive steps to recover debt. These steps can include:
- Wage garnishment: A percentage — up to 25 percent — of your paycheck is automatically removed to pay debts.
- Bank levy: A creditor can legally remove money from your bank account to pay debts.
As soon as you fear these actions might become a reality, you need to contact an attorney. An automatic stay will end all collection efforts, including wage garnishments and bank levies. And in many instances, wages or monies removed by the creditor through garnishment or bank levy during the 90 days before filing bankruptcy can be recovered. Let us help you before wage garnishment occurs or to stop further garnishments and recover wages already garnished or levied.