If you are facing wage garnishment or repossession of a vehicle, it is important to consult with an experienced bankruptcy attorney. With experienced legal guidance, you may be able to stop these creditor actions while keeping your money and your property.

At Harold Faletti Law Office, P.C., we have more than 29 years of experience handling Chapter 7 and Chapter 13 bankruptcies for clients from Broomfield, north Denver and throughout the surrounding areas. We know bankruptcy law and we can make it work for you.

Contact us today online or by telephone at 303-438-8477 to speak with an experienced Broomfield garnishment and repossession attorney.

Wage Garnishment

If a creditor secures a judgment against you, it has the right to seize money directly out of your paycheck or your bank account. In the case of wage garnishment, the creditor can take up to 25 percent of your paycheck, up to the total amount of the judgment.

In the event of a bank account levy, they can seize everything in your account up to the amount of the judgment, save for a 75 percent exemption if the money in your account is from wages. In order to benefit from this exemption, you must file a response to the garnishment and fight it in state court.

Certain assets are exempt from seizure, such as Social Security and workers’ compensation benefits.

Repossession

If you have taken out a loan on a car or truck, your lender retains significant rights over that property until the final payment is made. If you fall behind on car or truck payments, your lender may repossess the vehicle without court permission. Even if you have made every payment but one, you risk losing the vehicle forever if it is repossessed. If you are behind on your auto loan payments or your vehicle has already been repossessed, it is important to take legal action as soon as possible.

Stop Creditors Now

Filing for Chapter 7 bankruptcy or Chapter 13 bankruptcy stops wage garnishment, repossession and other creditor actions immediately. If you wish to protect your money and assets from aggressive creditors, consult with an experienced Colorado debt relief lawyer today.

Contact Us · Thornton Bankruptcy Attorney

Are you facing wage garnishment, bank account levies, repossession and other creditor actions in Colorado? We can help. Contact us today online or by telephone at 303-438-8477 to speak with an experienced bankruptcy lawyer.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.