How to stop wage garnishment

Guest

I have credit card debts which incurred is due to 2 credit cards having default dates in 2003. I 'm in Ohio but when I took the credit cards I was in Florida. I'm not aware of the SOL in Ohio and I'm not sure as to which state SOL should apply on me. Can anyone tell me how to stop the wage garnishment because the court has put a hold on my bank accounts?

larry · Joined: 27 Jun 2007 Posts: 3322 474.68 Dollars($)

Hi Jeremy.

Welcome to the forum.

SOL limit in Ohio is 15 years and in Florida is 5 years. To avoid wage garnishment you should act quickly. Talk with the creditor and make a settlement through which you can pay off him. If he obtain the garnishment summon then the wage garnishment will only stop after you pay off the creditor. Otherwise you can file bankruptcy to stop wage garnishment.

Feel free to ask if you have further questions or doubts.

Best of luck,
Larry

prabhatbe · Joined: 09 Jul 2008 Posts: 1 1.27 Dollars($)

Its happens due to not payment of taxes on regular basis. So friend now you can do one think, Consult with some experts. as i have not faced this situation till now..

Sandeepyadav · Joined: 09 Jul 2008 Posts: 1 1.26 Dollars($)

The Limit is different in Ohio and Florida The limit is less in Florida as compare to Ohio best option for you is to Settle it as early as possible..

jbarto65 · Joined: 04 Nov 2007 Posts: 622 -0.15 Dollars($)

I don't think that you have a choice as to what state to chose, it is my understanding that the statute of limitations is with in the state that your were residing at the time of applying for and obtaining the credit card or bill. You may find some good information on this topic on the debt forum, they cover a lot of issues like this one there and there are people who live in both Ohio and Florida on the forum. Goodluck, I hope you get some resolution soon. Keep us updated on your progress please.

fireyone_02 · Joined: 20 Mar 2008 Posts: 280 2.09 Dollars($)

I have read alot of posts on this and the SOL would be the one from Florida since that is where the debt occcured. That is what I have understood from reading the posts. If it is in FL then you are pretty close to SOL depending on the month the debt defaulted. I would still advise trying to clear these debts off your record. They definately will come back to haunt you later. Staying on your credit report for up to 7 years.

jasonpolito · Posted: Wed Jul 16, 2008 6:25 am Post subject:

I have also read that Fire...it will not be going away on your credit report anytime soon, which can be detrimental to many people.

valleydrive07 · Joined: 08 Jan 2009 Posts: 3 1.85 Dollars($)

Can credit card company garnish your wage in California?

adonis · Posted: Thu Jan 08, 2009 11:58 pm Post subject:

Welcome valleydrive,

They may garnish your wages, however, without a court order, wage garnishment is not possible.

Guest

I have filed bankruptcy but before doing this my employer was garnishing my check for a repo car. I have not been to court yet for the garnishment is it possible for me to get my money back from this garnishment?

adonis · Posted: Thu Mar 05, 2009 10:27 pm Post subject:

Once you file the bankruptcy, the court will issue an automatic stay by which the creditors will not be able to take any actions against you. Once the automatic stay is issued, the garnishment of your wages will also stop.

Guest

From time I sign petition with lawyer to it going to court how long before wage garnishment will stop?

Guest

As far as I know, once you file the petition in the court, your wage garnishment will stop.

manoj_gopale · Joined: 16 Feb 2009 Posts: 488 0.00 Dollars($)

I differ with this opinion of ana that wage garnishment will stop immediately when someone file a case in court.

Rather when one files for bankruptcy then in that case it could be applicable but not against the company who is garnishing the wages.

gmakerley · Posted: Wed Apr 29, 2009 1:06 pm Post subject:

"in that case it would be applicable".

okay, manoj, can you please explain to whom it is applicable?

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