Legal Question in Credit and Debt Law in New York

Money Owed and Possible Holds

If I owe a company money that I have begun to pay back, but have fallen short on payments, and they put a hold on my bank account, what are some other consequences of this? Can they garnish my wages or take my taxes or anything like that? Can I stop the process by continuing to make payments? I need help and I don't know what to do.


Asked on 1/05/06, 11:11 am

1 Answer from Attorneys
Jacob Silver Attorney At Law

Re: Money Owed and Possible Holds

Yes,

They can sue you and obtain a judgnmentand they can then garnish your salary or possibly seize funds from your bank account.

Obtain a free consultation regarding bankruptcy, for a thorough review of your individual situation.

You can get started by reviewing my website.

Jacob Silver

Attorney At Law

26 Court Street

Suite - 2511

Brooklyn, NY 11242

[email protected]

http://www.silverbankruptcy.com

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Answered on 1/05/06, 11:17 am


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