Help! My Co-Signer and I Just Got Sued!

Wasson and ThornhillChapter 13

If you and someone else jointly owe a debt, bankruptcy can protect you against the debt and against your co-signer. Or if you want, bankruptcy can protect your co-signer.

Bankruptcy Stops Wage Garnishments Before They Can Hit You

Wasson and ThornhillAutomatic Stay

Bankruptcy protects your paycheck because it’s more powerful than the creditor’s garnishment court order. Bankruptcy Stops Wage Garnishments A garnishment is effectively a court order which tells your employer to pay a portion of your paycheck to the creditor instead of to you. Except in rare circumstances, a creditor can’t get that garnishment order without first suing you and getting … Read More