I am filling bankrupsty because we went threw a debt consolidation that completely screwed us. Any advise?
so lost in life asked:
The debt consolidation place we would not do if they garnish wages we said we tried to do if they garnish wages we were advised to garnish wages and am looking for honest adivse.
Juan
The debt consolidation place we would not do if they garnish wages we said we tried to do if they garnish wages we were advised to garnish wages and am looking for honest adivse.
Juan
Tags: Attorneys, Bankruptsy, Garnish Wages
June 5th, 2009 at 6:54 am
Ann
Look up Dave Ramsey on the internet. He has a program to help people like you. He’s not a scammer either. You can call into to his radio show for advice too.
June 8th, 2009 at 7:50 am
Stacy
I would go through with the BK.. It will screw up your credit for a few years but it will give you a clean start. You could consult a lawyer, but if you don’t know them personally, they’ll probably just tell you to go through with the BK also, since they get paid to do the filing.
June 8th, 2009 at 6:57 pm
Greg
Most bankruptcy attorneys are really honest we just got finished filing. You’ll have to pay them a fee a certian amount up front ours was $800 dollars it depends on the state though after the file fee ($800) was paid then we paid the attorney fee later some attorneys will set up a payment plan. Our totally bill was 1100 dollars. The attorney will do a free consultation to tell you if you need to file. Then you file you’ll get to keep a portion of you property depending on the state ours was 10,000 yard sale price, one gun per adult and a vechile or two i don’t remember how they did that part. After, the date of file you can know longer be contacted by debt collectors, and all garnishments have to be canceled. You’ll also have to forfit a percentage of you tax return.
you have two bankruptcy options 13 which you have to pay a portion of the debt back, or 7 were you don’t have to pay any back. as to having credit when the bankruptcy is done, You will have better credit and will be able to get new loans , but you’ll probably have a higher interest rate.
June 9th, 2009 at 5:17 am
Susan
Once you file for bankruptcy, an automatic stay goes into effect and they cannot garnish wages (unless this is for child support, back taxes), they can’t collect on any debts, they cannot contact you, and they can’t sue you. If cases are already pending or underway, they are stopped. The stay should wipe out any kind of judgment against you also and definitely filing and completely bankruptcy will leave you with all your wages intact (unless of course they’re for child support, back taxes).
They cannot garnish more than 25% of your paycheck and most states have lower limits. They also can’t make you suffer either, and the court would never leave you without enough money to feed your kids.
Sounds like bankruptcy is a good idea for you, and you can start over.
I’m totally against debt consolidation companies. There are very few reputable ones out there!
June 9th, 2009 at 5:22 pm
Ernest
It sounds like you are th eperfect canidate for filing BK. I am sure right now you feel drained, like you don’t know what to do. You are the person that Bankruptcy is made for. File before they get a chance to try and garnish your wages. Once you have it filed you will feel a hundred times better.
Don’t look at bankruptcy as a horrible thing, look at it as a fresh start, a chance to start over.
Check out There will be some great advice on filing and rebuilding after. Best of luck! Here’s to getting a good night’s sleep for once!
June 11th, 2009 at 7:14 am
Willie
A Chapter 13 bankruptcy, also called a “wage-earner’s bankruptcy,” allows you to propose a plan to repay creditors over time–usually five years. Your monthly payment amount will be based on your monthly disposable income as defined by the bankruptcy code. After you have made payments to your creditors for five years, any remaining unsecured debts will be discharged. Chapter 13 is commonly used by debtors whose assets exceed the exemptions offered by state law. It is also used by many consumer debtors who do not qualify for Chapter 7 relief under the means test, which went into effect in 2005 with the Bankruptcy Reform Act.
If you are considering filing bankruptcy, you should consult with an attorney to find out if bankruptcy will benefit your financial situation. I encourage you to read more about bankruptcy at the Bills.com Bankruptcy Information page at