If you are experiencing prolonged periods of financial difficultly, an inability to repay debts might only be one of the issues you face. Along with the potential of constant calls and letters from debt collectors, there are numerous ways in which you may suffer a lesser quality of life, even if only temporarily.
If you're deep in debt and behind on your payments, you could also be facing a lawsuit from a creditor. This lawsuit is likely to seek judgment against you, which, if granted by a judge, will give a creditor the ability to then garnish your wages for the purposes of paying off debts.
Just getting by from day to day can be difficult enough for many Floridians with financial challenges, without the worry of having their wages garnished to pay off their creditors. Millions of people might find themselves facing wage garnishments before filing for bankruptcy. Some exemptions have been put in place to prevent people with certain types of income from suffering hardships resulting from wage garnishment.