New York Wage Garnishment Lawyers
Queens · Brooklyn · NYC
Served with a Wage Garnishment due to an unpaid debt?
If Forster & Garbus LLP, Mullooly Jeffrey Rooney & Flynn LLP or other debt collection lawyers served you or your employer with a wage garnishment, act fast, because the longer you allow the wage garnishment to remain, the harder it will be to cancel the garnishment or negotiate a settlement of the debt in the future. The Courts have ruled that if you allow a garnishment to remain in place, it means you admit that you owe the debt and that the creditor – even debt buyers like Portfolio Recovery Associates LLC & Asset Acceptance LLC – is entitled to enforce its judgment against you.
How much time do you have to stop a wage garnishment?
After serving the Notice of Wage Garnishment, the NYC Marshal or Sheriff will wait only few weeks before requiring your employer to start deducting a portion of your paycheck every pay period until the judgment is paid in full. This gives you a brief opportunity to negotiate a settlement with the creditor or collection agency, or to file an Order to Show Cause in Court, asking the judge to cancel the garnishment and vacate the judgment.
Who pays the marshal’s fee for garnishment of wages?
Once your employer does begin deducting money from your paycheck, the Marshal or Sheriff begins charging you a fee for the garnishment. This fee gets added to the judgment amount and charged to you. The Marshal or Sheriff’s fee is called Poundage, and it is usually a few percent of the amounts garnished from your paycheck.
This means that in addition to paying the full judgment amount plus interest, you must now also pay the Marshal’s fee charged for the income execution, and you continue to incur more debt even while you are paying down the judgment.
Contact our Wage Garnishment Defense Attorneys for a free consultation today.
If your wages are being garnished, let our debt defense lawyers go to Court for you and review your court file. We will discuss the case details with you and let you know what options are available to stop garnishment of your wages fast.
Creative & Effective Debt Relief Solutions
If you are struggling with a burden of tremendous debt and are currently seeking long-term relief, debt settlement may be a healthy and reasonable option available to you. Like bankruptcy, debt settlement may not be ideal for everyone. With guidance from our Brooklyn debt collection attorneys, however, we can help you determine which course of action can lead to the best possible outcome.
Is debt settlement right for you? Call our NYC, Queens & Brooklyn debt settlement lawyers to learn how we can help you begin a new chapter of debt-free living.
Personalized Counsel for Every Client
Essentially, debt settlement with Cach LLC, Forster & Garbus LLP and others refers to the process of agreeing to pay the creditor less than what you actually owe. Because there are huge fees, taxes, and other financial repercussions that result from debt settlement, it will be important to speak with a professional Brooklyn, Queens, New York debt settlement lawyer who can determine if this options is actually financially feasible for your particular circumstances.
- We can help you determine if debt settlement is right for you through the following:
- Negotiations with lenders and creditors to determine a fair debt settlement amount
- Provide necessary evidence to show you have no financial means to pay a debt completely
- Establish an agreeable lump sum amount or repayment plan to pay back your debts
Debt settlement may be an ideal option if you are currently struggling with unsecured debts, including medical bills, credit card debt, collections accounts, utility bills, personal loans, business debts, or other types of debts that are not attached to real property. If you have other types of debts, or secured debts, we can help determine other alternatives that better suit your financial needs or future goals.
You Have Plenty of Options with us
Remember, debt settlement may not be right for every specific client, and it is only one of the many debt relief options available. Our NYC, Queens & Brooklyn debt settlement lawyers can help determine which legal option can help secure the best possible outcome given your unique circumstances. We take every precaution necessary to inform you of your rights and alternatives, as well as the potential risks and rewards involved with each available option.
If you would like to speak with us confidentially, we encourage you to contact The Hurwitz Law Firm as soon as possible. We offer free case consultations and flat fees, whenever appropriate.