Having wages garnished by a creditor can be an extremely stressful situation, exacerbating the financial pressures that led to the delinquency in the first place and making financial stability seem even further out of reach. Fortunately, borrowers suffering garnishment are not entirely powerless and actually enjoy some powerful debt relief options. As Greg Dunn, Bankruptcy Attorney in Honolulu explains, filing for bankruptcy can actually put a stop to the garnishment and, with only a few exceptions, may even enable you to retrieve some of the garnished funds.

The automatic stay is one of the most powerful features of bankruptcy protection, and a welcome benefit for those who have been besieged by debt collectors. This stay puts an immediate stop to all debt collection activity, including repossessions, lawsuits, and wage garnishments. If the garnishment order was already in effect, the creditor must cease collecting those funds unless the court lifts the stay, which typically does not occur unless the creditor can demonstrate a sound reason.

In some cases, the court will allow you to recover garnished wages that were collected in the 90-day period before you filed for bankruptcy, provided they totaled more than $600 and you have sufficient exemptions. During this phase of the process, you're more likely to be successful if you're represented by a skilled bankruptcy attorney, who will also determine whether your garnishments are exempt from the automatic stay.

Since 1996, Greg Dunn, Bankruptcy Attorney has handled over 12,000 cases, helping people throughout Hawaii put an end to the pressure of unpayable debts and start their financial lives over again. This legal team has developed an in-depth understanding of every aspect of bankruptcy, so you can rely on them to help you achieve the best possible resolution to your financial difficulties. Schedule a consultation by calling (808) 524-4529 today, or visit their website to learn more about their wide range of debt relief services.