How does bankruptcy and wage garnishment tie in together? This happens when you have been subjected to a garnishment, and you could in fact declare yourself a bankrupt under Chapter 7, and stop the garnishment.
But then again, declaring yourself a bankrupt may be even worse than being garnished, as you will then be unable to do a lot of things as a bankrupt person. But it is still interesting to take a look at this option, and that is why we take a look at it in our latest article.
In certain cases, depending on the person’s financial situation, perhaps it might be better to declare bankruptcy and deflect all the creditors with such a step. Just remember to get all the advice you can get and think long and hard before you do this!