If you’ve had money garnished from your paycheck for awhile you may be wondering: Is that money just gone forever?

The answer to that question is maybe not all of it because during the 90 days before bankruptcy if you have room in your exemptions you can recover from that creditor the money that was garnished from your paycheck for the 90 days before the bankruptcy and that can be a big deal. This money can be a source of funds for you to pay your bankruptcy expenses. So it’s important to keep an eye on that and if your wages are starting to be garnished it’s good to know that the money may not be lost forever.

Related videos:

What Does Paying “Outside The Plan” Mean In Chapter 13? https://youtu.be/jZJxMFpueHs

What’s The Difference Between Chapter 7 and Chapter 13? https://youtu.be/4Gf4o6-ueQg

Thoughts from a Maryland Bankruptcy Lawyer

Ronald J. Drescher
Drescher & Associates, P.A
10999 Red Run Blvd Ste 205
Owings Mills, MD 21117
Phone: (410) 484-9000
Fax: (410) 484-8120
Rondrescher@Drescherlaw.com
http://www.Drescherlaw.com

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Practicing in Maryland, Delaware, Virginia, Pennsylvania