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Wage Garnishment in How It Applies to Bankruptcy

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  • 01-07-2012, 01:03 PM
    abiel
    Wage Garnishment in How It Applies to Bankruptcy
    My question involves bankruptcy in the state of: CA

    How does salaried income factor in when filing BK?
    In other words, is there an example or is it common of wages being garnished to pay part of BK?

    I presume it is for a Chapter 13, but does Chapter 7 avoid this case?

    (I suppose this question might be a bit open ended, let me know if you need more details)
  • 01-09-2012, 09:09 AM
    Mr. Knowitall
    Re: Wage Garnishment in How It Applies to Bankruptcy
    Your income affects whether you qualify for Chapter 7, and your discretionary income affects how much you must repay under Chapter 13.
  • 01-09-2012, 11:36 PM
    abiel
    Re: Wage Garnishment in How It Applies to Bankruptcy
    Thanks for your reply.

    Would you be able to provide an example of the differences between Chapter 7 or 13 on how wages can be garnished, if they can be garnished?

    for example, $1 for every $100 in gross wages if you owed X amount.
    Is there anything like that, that happens in Bankcruptcy court?

    Or is my concern for wage garnishment, misguided when filing for BK and I shouldn't have to worry about it?
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