SOUTH FLORIDA DEBT SETTLEMENT LAWYERS
DEBT SETTLEMENT ATTORNEYS
You do not have to file for bankruptcy in order to get out of debt.
If you were recently sued for credit card debt and the bank or credit card company obtained a judgment against you, the next step may be to garnish your wages.
Once a judgment is entered in favor of the creditor, they have different options available to them to collect on the judgment, which is good for 7 years and renewable twice. Which means that a judgment can last for over 20 years.
A wage garnishment allows the judgment creditor to take up to 25% of your income, on every single paycheck to satisfy the debt. The judgment will go incurring interest at the yearly rate permissible by law and therefore, the garnishment could last for many years depending on the amount of debt.
Florida law permits however many borrowers to stop garnishments. Florida law allows for certain exemptions, such as
- Head of household
If you are the primary bread winner for the home and have dependents that rely on you for over 50% of their care, then your wages may be exempt from garnishment.
This requires a hearing on the Motion to Quash the Writ of Garnishment and evidence presented to the Judge to show you are head of household.
Many other exemptions exist in order to avoid a garnishment.
At the Law Offices of Jacqueline A. Salcines, we have been helping borrowers and stopping writs of garnishments for over 18 years. Once the garnishment is stopped, we can work to negotiate the forgiveness of debt with each creditor separately so that the creditor does not try other means to collect on the judgment.
There is no need to file for bankruptcy.
At the Law Offices of Jacqueline Salcines, PA, our attorneys have over 18 years experience and extensive knowledge on settling debt, defending lawsuits involving the collection of debt, and getting borrowers back on their feet, without the necessity of filing for bankruptcy. We are here to help and protect your rights.
Allow us to go to work for you and negotiate your debt.
We offer free phone consultations, and a no cost review of your case.
Call us today. 305.669.5280 and see how we can help you.
About the Author:
Jacqueline A. Salcines, Esq. is the Owner and Managing Partner of the Law Offices of Jacqueline A. Salcines, P.A. Real Estate and Business Law Group. With over 17 years experience including holding a dual degree in Accounting, her broad knowledge of DEBT SETTLEMENT serves to aggressively protect and defend our firm’s clients.
Call us today to set up a free consultation to discuss your specific needs. We are here for you!
Main office 305 | 669 | 5280. Or email the attorney directly: J.Salcines@Salcineslaw.com
TRUST | COMMITMENT | RESULTS
JACQUELINE A. SALCINES, ESQ.
706 S. DIXIE HIGHWAY
CORAL GABLES, FL 33146
TEL. 305 669 5280