A salary seizure is one of the most unpleasant moments you can face in your lifetime. Receiving the announcement can literally bring you to a panic attack in just a few seconds. What is even more terrifying is that there may not be a letter and one day you just realize it.
However, what is important is that you have to react adequately to the situation and take immediate measures right after you are aware of what is going on. Here is what salary seizure really is and how to manage it.
What is it
In other words, this is wage garnishment in Georgia. To put it simply, if you are in debt of any kind, whether it is an education loan or credit with the purchase of a housing or a vehicle, or you have some taxes or child support unpaid, your salary, any kind of income, and any assets that you might possess are ‘frozen’ and you cannot operate them. When it comes to possessions, it is highly possible to lose them to the right of the court.
Know the law
If you realize that you have been punished by the court with a wage garnishment of any kind, or just a salary seizure, the first thing to do is to take a little time and research the situation.
Make sure that you know what the reason for this restriction is. After that, it can be very helpful to check out what are the legal statements over your situation. This will give you a shot at how to proceed.
Find a lawyer
After you have properly researched what happened and what your suggested action is, you have probably realized that this is a lot of work, especially for somebody who has no idea how to manage it. You shall probably check out the local lawyers and ask for help. It is also not to forget that cases led by lawyers have very high chances of success.
Chapter 7 and Chapter 13
Whether you decide to proceed and solve the problem on your own or with the support of a lawyer, chapters 7 and 13 are the way to go. You shall collect all the statements needed. The two most important are a list of all your income sources and a list of all your expenses in the last few months.
All the documents with detailed information should be provided to the court as quickly as possible. If the procedure of filing goes just as planned, chances are your application to the court will be accepted and you shall be given a repayment plan for the next three to five years.
Wage garnishment can be very stressful and most often than not it seems to be the end of the world. However, there is a way out and if you need help, you have to seek it as soon as possible.