Will bankruptcy stop wage garnishment?

Yes, filing for bankruptcy in South Carolina will stop wage garnishment. This is because filing for bankruptcy places an automatic stay on creditors. This means that creditors are not able to attempt to collect a debt from you any further. This includes attempts to garnish your wages. When you file for bankruptcy, you are assigned a court date and all creditors are notified. They are then legally required to cease any attempts to collect a debt from you. The most common types of bankruptcy that would stop wage garnishment in South Carolina are chapters 7 and 13. Chapter 7 bankruptcy involves liquidation of assets while chapter 13 includes a repayment plan. In either chapter, the automatic stay will remain in effect until the bankruptcy is officially discharged. Bankruptcy in South Carolina will stop wage garnishment and can provide financial relief from creditors. However, it is important to note that bankruptcy does not discharge all types of debt, such as student loans or back taxes. It is also important to speak to an experienced bankruptcy attorney to review your eligibility for bankruptcy.

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Will bankruptcy stop wage garnishment?

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