It doesn’t seem fair that creditors in Minnesota can take away the little money you have. Clearly, you are in a bad way financially, yet a creditor has forced their way into your affairs, and is now taking the money that you need to survive. Many wonder if this type of legal action is allowed in Minnesota. Sadly, it is.
Creditors Can Legally Take Money Directly From Your Checking Account
Unfortunately, when creditors threaten wage garnishment they often follow through. In Minnesota it is legal and common for creditors to obtain a court judgment and seize up to 25% of your income. This means that you may be losing the money that you need to:
- Pay your mortgage
- Buy groceries
- Make your car payment
- Buy gas
- Pay your utilities
Adding insult to injury, it is possible that you will only know that your money has been taken after the fact. Too often this leads to bounced checks and overdraft fees. You may have decided to give in to the garnishment, not knowing that there is legal help available to you. Do not be embarrassed. You have gotten behind on your bills; perhaps you have lost your job, gotten a divorce or are over your head in day-to-day debt. You are not alone and you have nothing to be embarrassed about. Reaching out for help is the first step toward taking control of your life.
Stopping Wage Garnishment May be Easier Than You Think
While nobody wants to go through bankruptcy, it is often the only way to stop wage garnishment. To be sure, filing for Chapter 7 bankruptcy in Minnesota should not be entered into lightly. However, if you and your attorney are successful, not only will your garnishment be suspended, the ceaseless calls from the bank and creditors will stop. No more nasty calls from creditors, no more threatening letters from the bank, just you and your lawyer, working together to get your life back on track.
Compassionate Legal Care
At the Rosenzweig Law Office our attorneys understand that you are in a bad situation and that you want nothing more than to get out from under the debt that threatens to crush you and your family. When you come in for your free consultation, please know that we will never, ever judge you. We are not here to give you a lecture or teach you a lesson; we are here to help shoulder your burden. With a kindness and compassion unseen in most Minnesota law offices, we will take you through the bankruptcy process. Step by step, we will be by your side, helping you and your family get your life back.
To get started, please request your copy of our book, What You Need to Know About Filing For Bankruptcy in Minnesota. The book, written by Attorney Barry Rosenzweig, will help you better understand the bankruptcy process. When you are ready, please contact an attorney at the Rosenzweig Law Office. Together, we can wipe the slate clean and get you back on the road to financial freedom. Call today. MN (952) 920-1001 or AZ (480) 207-2203.