Wage garnishment is a tool of last resort used by creditors, and it can be a serious hindrance to your finances. A Cincinnati bankruptcy attorney will tell you that avoiding wage garnishment is a top priority no matter your debt situation. Here are some ways to keep your paychecks for yourself while keeping your creditors at bay.
Keep Communication Open
The best thing you can possibly do to avoid getting to the point in collections where your creditor decides to take legal action is to maintain communication. Too often debtors become overwhelmed by their debts, and whether because they are ashamed or embarrassed or afraid to face the reality, they bury their heads in the sand and pretend nothing is wrong. Meanwhile, the creditors are pounding down the door; from their view, silence is the worst possible outcome, indicating a complete unwillingness to negotiate or comply, and forcing the creditor to take measures they would not otherwise feel compelled to take.
Think of it like the old bit about the check being in the mail. As long as you keep the lines of communication open and show a willingness to pay, your creditors are less likely to take the measures for collection that become necessary when they stop hearing from you altogether. Wage garnishment is the result of a legal injunction by the courts, which costs the lender money to obtain. The lender does not want to take this step unless they feel it has become completely necessary. Consult a bankruptcy attorney to decide what steps you can take to avoid wage garnishment.