What Is a wage garnishment in Las Vegas?
A wage garnishment is a legal process that allows your employers to directly send an amount from your wage/pay to the creditor to pay off a loan or debt.
The court may put in place a wage garnishment to the extent that it may be required to pay off an outstanding debt. Child support, education loans, and consumer loans are all examples of debts that may result in wage garnishment in case of default.
Is wage garnishment legal in Nevada?
Yes, wage garnishment is legal, but you still have rights! Creditors can’t seize all of the money in your paycheck. Different federal and state rules and legal limits determine how much of your pay can be garnished.
Can you file for bankruptcy to stop wage garnishment in Nevada?
If your wages are being garnished, or you have reasons to believe they soon will be, filing for Chapter 7 bankruptcy will stop the garnishment (also called wage attachment) in most cases. This happens because bankruptcy’s automatic stay prohibits most creditors from continuing with collection actions during your bankruptcy case.
Once a bankruptcy lawyer files bankruptcy in Nevada, the creditor can no longer contact your employer or tap into your bank accounts for wage garnishment.
How does bankruptcy protection work in Nevada?
When you file for bankruptcy, you will give the court a list of your creditors and their contact information. The court will notify each creditor that you have filed for bankruptcy. The creditor must then take steps to suspend the wage garnishment.
To expedite this process, you may also have your bankruptcy attorney send notifications to the creditors who may be intending to start garnishing your wages.
How to act now?
If you are not able to pay off your loans or debt, you may want to get ahead of this situation. Start this process by speaking with an experienced Las Vegas bankruptcy attorney for free today.
About Freedom Law Firm.
Freedom Law Firm is the most trusted bankruptcy law firm in Las Vegas, NV. We’ve helped thousands of people eliminate or reduce their debt, save their homes, stop abusive creditors, and move on with their lives. Visit www.freedomlegalteam.com or call us at 702-479-5405 for a free and confidential consultation.