Bankruptcy Stops Wage Garnishments
If your wages have been garnished, contact the Texas Bankruptcy Lawyers at The Law Offices Of R.J.Atkinson to see if filing bankruptcy can help you to stop your tax garnishment and debt problems. Our Texas Bankruptcy Attorneys can provide you a free bankruptcy evaluation and a free bankruptcy means test to determine your bankruptcy relief options.
A wage garnishment is a collection tool of the IRS. A wage garnishment is one of the ways for the IRS to collect tax liability you owe. When the IRS garnishes your wages for payment toward your federal tax liability, they can take up to 25% of your disposable income from each paycheck in order to pay off your tax debt. If a wage garnishment certificate is approved and so ordered by a court, your employer will have to set aside a predetermined amount of your wages to be paid to the IRS. Having your wages garnished can make an already difficult financial situation worse. A wage garnishment can be very embarrassing.
Filing for bankruptcy immediately stops tax garnishments. As soon as the IRS or other taxing authority becomes aware of your bankruptcy, they must stop the wage garnishment. Moreover, once your case is filed, the IRS or taxing authority is no longer entitled to garnish your wages for debts that existed at the beginning of the case. You may still owe for the tax liability they were garnishing for, but your paycheck won’t be garnished anymore. The only exception may be for on-going child or family support ordered by a court but this too may be addressed in a bankruptcy.
Wage garnishments can be financially devastating to taxpayers. This is especially true of those who have families. The Law Offices Of R.J.Atkinson can help in emergency situations where wage garnishments have been suddenly placed. Our Texas Bankruptcy Lawyers can stop wage garnishment immediately, and help you prepare a bankruptcy reorganization plan or liquidation to restore you to financial health and put you back on the path to financial security.
STOP WAGE GARNISHMENTS
- Filing for bankruptcy legally puts a stop to wage garnishments.
- Filing bankruptcy stops most of your creditors' collection activities including the IRS.
- Filing bankruptcy may eliminate income tax liability.
- Filing Bankruptcy puts you back in control of your finances
Don’t let wage garnishments bleed another payment off of you. If the Internal Revenue Service or any other taxing authority has a wage garnishment on your paycheck, Call the The Law Offices Of R.J.Atkinson to arrange for a free bankruptcy evaluation. A Texas Bankruptcy Attorney at our firm can provide an evaluation of your situation and take action immediately to stop wage garnishment if necessary.
If you need to stop a wage garnishment and are struggling with the decision to file for bankruptcy, consider all the famous individuals that have filed bankruptcy to deal with their tax problems, wage garnishments, and overwhelming debt. You don’t have to be famous to stop a wage garnishment; you just have to know your legal options.
If you live in San Antonio, Austin, Houston, Waco, Victoria, Dallas, Plano, Garland, Mesquite, or most anywhere in the State of Texas contact the Texas Bankruptcy Lawyers at The Law Offices Of R.J.Atkinson. An experienced Texas Bankruptcy Lawyer can help you decide if filing bankruptcy is the best option for you to get rid of your debt, significantly reduce your debt, or reorganize your debt, and put a stop to wage garnishments.
Bankruptcy Stops Garnished Wages — Wage Garnishment — Bankruptcy Law — Garnished Paycheck — IRS