If a debtor has become delinquent on their debt payments for long enough, creditors will eventually file a lawsuit against them and may win a judgment. With a judgment in place the creditor can garnish wages and get the right to use non wage garnishments which typically means they will seize bank accounts. If a [...]
How to Fight a Wage Garnishment If you're significantly delinquent on your debts then you're probably at risk for a wage garnishment. Creditors are becoming more aggressive when it comes to collecting on even small amounts of debts and wage garnishment is just one of their many collection tools. Texas Wage Garnishment Law Wage garnishments [...]
Texas law allows student loan lenders and government agencies to issue wage garnishments against debtors who have defaulted on their debts. Facts you should know about student loan wage garnishments: The law requires that a student loan lender send the debtor a written notice to their last known address at least 30 days before they [...]
When debtors file for bankruptcy without the help of an attorney they often run into troubles such as post-bankruptcy filing bank levies. One of the mistakes that pro se bankruptcy filers make when submitting their bankruptcy paperwork is forgetting to notify all of the parties involved in collecting their debt payments. For example, before filing [...]
It can happen to the best of us-we lose a job, fall on hard times and our bills go unpaid. But many of us opt to simply ignore our debts instead of coming up with a plan to either repay them or make them go away legally. Many of us mistakenly believe that debts will [...]
In the Chapter 13 bankruptcy case of Trupp, Douglas; In re, the bankruptcy court partially sustained an objection to the confirmation of a debtor's Chapter 13 bankruptcy plan. The details of the bankruptcy case: In the debtor's Chapter 13 case, the Arizona Department of Economic Security filed a priority claim in the amount of $106,607 [...]
Congress was getting bombarded with people saying that the IRS was treating them terribly, so they did something about it. Even though the IRS still has a bad reputation with a lot of people, it is still considerably much easier to deal with than it was just a few years ago. The IRS was actually [...]
Most people have at least passing knowledge of wage garnishment --the process of deducting money from an employee's monetary compensation (including salary) as a result of a court order. Fortunately for those who find themselves in the unfortunate position of having their wages garnished, these payments are limited by federal law to 25 percent of [...]
In the bankruptcy case (Laroche, Wayne W. and April J.; In re), the bankruptcy court ruled that debtors filing bankruptcy must disclose their tax refund even if it is only an estimate based on previous years. The details of the bankruptcy case: In the Chapter 7 bankruptcy case the debtors failed to disclose their estimated [...]
If you haven't filed your 2005 tax return yet, you may be missing out on a refund. According to an article in the Dallas Morning News, there is $105.2 million owed to 103,000 Texans who failed to file a tax return in 2005. The average amount owed to Texans is more than $600 per person, [...]
