Tag Archives: wage garnishment
-
Just about everyone would agree that declaring bankruptcy is a difficult decision. That is why many people struggling with debt continue to hold out even after all their other alternatives have been exhausted. Facing wage garnishment for unpaid bills is one of the surest signs that it is time to consider bankruptcy. Going through the… Read More »
-
Continued from The Magic of the Automatic Stay: Part I and The Magic of the Automatic Stay: Part II Based on public policy, there are certain acts set out in Section 362(b) for which the stay does NOT automatically arise to protect you or your property when your petition is filed. On the other hand,… Read More »
-
Continued from The Magic of the Automatic Stay Many legal writers have observed that the purpose of the stay is to provide a “breathing spell” while the facts in a bankruptcy case are sorted out. Each statutory provision controlling the specific stay relief that arises automatically upon the filing of a bankruptcy petition is set… Read More »