Have you gotten a writ of garnishment and are wondering what you can do about it? Although you may be full of concern when you first receive the notice, remember that you aren’t alone. More than 4.5 million American workers have their wages garnished.

After you get over the initial shock of receiving the notice, you must gather yourself to put together a plan of action for the next steps to take. Read on to learn about the garnishing of wages and what you can do about it!

Why Are You Subject to Wage Garnishment?

There are many reasons why you may be subject to wage garnishment in the state where you live.

Some of the most common reasons for this include payment for back child support or for an unpaid judgment against you that’s been recorded in the county where you reside.

If you owe an outstanding debt to a creditor that’s been reduced to a judgment, wage garnishment gives them an avenue for collection efforts. The garnishee must follow the law in the state where you live so that your garnishment is lawful.

Know the Exceptions

Is there a way to stop wage garnishment? Yes, there are some different ways that you can prevent a creditor or other individual from garnishing your wages.

First, you’ll need to look at the law in the state where you live to learn what can and cannot be done by a creditor. In most states, if you don’t earn above a certain threshold of income, you may be eligible for a full exemption from wage garnishment altogether. These amounts will vary from state to state, and the income level depends on your marital status and whether you have any kids.

You can also learn valuable information at Taxhostage.com about how your taxable income levels can prevent you from being reached by creditors.

Discuss Your Situation With an Attorney

Wage garnishment issues are complicated. They’re also governed by the law in your state. This means you should find an experienced attorney in the area to discuss your situation.

You must be open and honest with your lawyer about your financial situation. If you aren’t candid with your counsel, they can’t give you the best advice for your particular circumstances.

An attorney who’s familiar with wage garnishment laws will know unique exceptions in your jurisdiction. They may be able to use these to prevent all of your income from being reached by creditors.

Dealing With the Garnishing of Wages

The garnishing of wages can be a life-changing experience for you and your loved ones. It’s important that you don’t ignore the writ of garnishment when you receive one, and that you’re proactive about reacting to it. This will give you the best opportunity to limit the financial impact it has on your life.

Check out our blog section for helpful information to use to improve the management of your finances.