Creditors enjoy using garnishment as an intimidation tactic, and frequently inform people who are behind on payments that a garnishment will be placed on their check. However, creditors must comply with certain legal requirements before they can garnish your wages. The creditor may file a lawsuit against you to collect the debt and obtain a judgment against you for the amount you owe if you fall behind on payments. Once the creditor has obtained a judgment, they may file the necessary documentation with the court to garnish your wages.
Garnishments are subject to time limits, and in Missouri, the average duration is 180 days. However, creditors may renew garnishments until the debt is paid in full. This unfortunately means that your paycheck could be garnished indefinitely. Not only are garnishments humiliating, but they can also make it difficult, if not impossible, to cover your living expenses, which only increases your debt. Fortunately, there is a method to permanently stop wage garnishment.
Chapter 7 bankruptcy stops wage garnishments and eliminates debt. In addition to halting repossession and foreclosure, Chapter 7 bankruptcy can prevent creditors from making further attempts to collect debts.
If filing for Chapter 7 bankruptcy in Missouri appears to be your best option, you should contact an experienced St. Louis bankruptcy attorney to schedule a consultation. The finest bankruptcy attorneys provide free consultations and can provide in-depth guidance regarding your specific circumstances.
The decision to file for bankruptcy is difficult, but you should keep in mind that neglecting your debt will not improve your situation and will likely make things worse. Contact a St. Louis bankruptcy attorney immediately to learn how to free your financial future from past errors.""
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