How Can I Avoid a Government Garnishment?
Garnishment of wages refers to when the government demands that your current employer withholds a portion of your paycheck to settle a debt you owe to them. However, in most cases the government would rather work with you and working directly with the government can save a lot of problems. There are simple steps individuals can take to avoid government garnishment.
The Easy Solution We Can’t All Manage
An obvious solution would be to pay off the debt or set up payments to do so. Speaking with a creditor can provide insight as to how much you can afford to pay each month based on your income and current expenses.
Real World, Real Options
Life isn’t always so easy though, and paying the debt off immediately may not be an option at that time. The government can be very understanding though, so if you can prove your hardships than they may offer you an installment agreement. There are endless loopholes in the system to avoid government garnishment. Many times individuals arrange for an OIC (offer in compromise), which may allow you the opportunity to settle your debt for less than you actually owe.
A final option for those in desperation may be to file bankruptcy. If your bankruptcy is successful the government will not be allowed to garnish any wages. A government tax attorney can offer many more loopholes that may be used in the often grueling process of avoiding government garnishment.
Finding out the government garnishment is happening to you may certainly feel like the end of the world, but it does not have to be. If you have the right resources available to you, anyone can avoid government wage garnishment.
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