In most cases, no. However, many people think that wage garnishment can happen, and creditors know this and use this when trying to collect on a debt. They may call you repeatedly and tell you that if you do not pay what you owe, that they will come after your paycheck. In most situations, this is something that they will be unable to do, but they want to scare you and get you to take immediate action.

If creditors are calling you, sending you letters or texts, you should speak to an experienced bankruptcy attorney as soon as possible. This will help you preserve some of the options available to you, and help you protect your assets and bring an end to the harassment.

This really depends on your financial situation. Many of our clients are able to protect the assets most important to them, including their homes and vehicles, when they file for bankruptcy. As part of our assessment of your case, we try to determine what is best for your situation. If you are underwater on your home mortgage or car payment, you may wish to get rid of those assets.

Our lawyer, Douglas J. Powell, is Board Certified in Consumer Bankruptcy Law by the Texas Board of Legal Specialization. He will help you find a positive financial solution that helps you keep your home and car if it is in your best interests.

Yes. Bankruptcy works, and it can work for you if you know how to do it right. If you wait too long or do things incorrectly, you could actually make your situation worse. But, filing for bankruptcy will eliminate your dischargeable debt and help you get out from under the problems you are experiencing, and develop a debt management strategy that allows you to have a positive financial future.