Monday, May 25, 2009

Stop Wage Garnishment

The best way to avoid having your wages garnished is to avoid being sued in the first place. So many consumers go into denial mode when they can't pay their debt and try to hide from and avoid their creditors by ignoring correspondence and phone calls. This is absolutely the worst thing you can do. Just contacting your creditors, telling them why you can't repay your debt, offering a reduced monthly payment and keeping them informed of your financial progress, is a much more effective way to handle debt problems and avoid writs of garnishment and -- if you deal openly and honestly with your creditors you won't jump every time the phone rings or lay awake at night worrying.

Work out some sort of agreement very quickly with the other party. If you can't do that then perhaps your only option is to file bankruptcy very quickly. Filing bankruptcy legally puts a stop to wage garnishments.

Filing bankruptcy stops all of your creditors' collection activities which is why it is often used as a weapon to avoid judgments.

For more information on Michigan Bankruptcy, please visit: www.BartNow.com

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