Lincoln wage garnishment attorney

If your wages are being garnished, there is a good chance you are drowning in debt. Bankruptcy can provide the tools you need to stop wage garnishments and eliminate unsecured debts. Simply filing for bankruptcy can facilitate immediate and powerful relief. When you file for bankruptcy, you become protected by the automatic stay, a court order that stops all collection actions. Once the automatic stay is in effect, all ongoing wage garnishments must cease, and any imminent or pending wage garnishments cannot move forward until the order is lifted. 

You may also be able to get some of your hard-earned money back. There is a provision in the Bankruptcy Code that allows you to recover involuntary transfers of your property – including wages – to your creditor, so long as these transfers exceed $600 in value to a single creditor. When you file for bankruptcy, we can demand the return of money involved in transfers that meet this requirement. 

Understanding Wage Garnishment Relief in Lincoln, Nebraska

Living in Lincoln, Nebraska, you may already be familiar with the local economic challenges and the impact they can have on your financial stability. If you are facing wage garnishment, it can feel overwhelming, especially with the rising cost of living in our community. Fortunately, bankruptcy can offer a lifeline to help you regain control of your finances and stop wage garnishments in their tracks.

When you file for bankruptcy in Lincoln, you benefit from the automatic stay, a powerful court order that halts all collection actions, including wage garnishments. This immediate relief can provide you with the breathing room you need to address your debts without the constant pressure of losing a portion of your paycheck. Additionally, the Bankruptcy Code allows you to recover certain involuntary transfers of your property, including wages, if they exceed $600 to a single creditor. This means you might be able to reclaim some of your hard-earned money.

It's important to understand the specific rules and limits regarding wage garnishment in Nebraska. For instance, most private creditors can garnish up to 25% of your disposable wages or the amount by which your wages exceed 30 times the federal minimum wage, whichever is smaller. If you are the head of a family, this limit may be reduced to 15%. These regulations are designed to protect a portion of your income, but they can still leave you struggling to make ends meet.

In Lincoln, local government resources such as the Nebraska Department of Labor and the Lincoln-Lancaster County Health Department can provide additional support and information on managing financial stress and accessing community services. While our Lincoln wage garnishment attorney is not directly affiliated with these entities, we are well-versed in the local landscape and can guide you through the process of stopping wage garnishments and recovering your financial footing.

We understand the unique challenges faced by residents of Lincoln and are committed to helping you navigate the complexities of wage garnishment and bankruptcy. By leveraging our knowledge of local regulations and resources, we can work together to find a solution that alleviates your financial burden and sets you on a path to a more secure future.

Additional Facts Regarding Wage Garnishment in Nebraska

Some important facts concerning wage garnishments include: 

• There are limits to the extent creditors can garnish your wages. Creditors can only garnish disposable wages, for example. Your disposable wages refer to all wages left over after you deduct certain qualifying expenses. 
• In Nebraska, most private creditors can garnish up to 25% of your disposable wages or the amount by which your wages exceed 30 times the federal minimum wage, whichever amount is smaller. They may be only able to garnish 15% of your wages if you are considered the “head of a family,” which is someone who cares and provides for at least one familial dependent. 
• An ex-spouse can garnish up to 60% of your wages for missed child support payments if you are not currently providing for another spouse or child. (If you are supporting another spouse or child, they can still garnish up to 50%.) If you are more than 12 weeks behind, an ex-spouse can garnish an additional 5%. 
• You will want to do everything you can to avoid wage garnishments of any kind. While federal law prevents your employer from firing you due to having to deal with a wage garnishment, you will have no protection from termination if multiple wage garnishments are being simultaneously enforced. Our Lincoln wage garnishment attorney is committed to helping you avoid these outcomes.