Last year Chrysler Financial LLC won two judgements against us due to voluntarily returned lease vehicles. We have a large amount of medical and personal debt and intend to file a Chapter 7 bankruptcy this summer when my business picks up.
Today I received a Garnishment of Property other than Personal Earnings affidavit in the mail. They have located our bank account and are planning on garnishing anything over $400.00. The problem is that I am self-employed, so any money being deposited into this account is considered personal earnings. In other words, they are garnishing my wages at an insane percentage beyond what is permitted by state law. This will make saving up for my bankruptcy filing difficult, let alone paying my monthly expenses.
Right now this is the only asset I have other than my car which is paid for but worth under $2000.00. I need advice on how to proceed. Can I object to this garnishment and request a hearing to explain that the money in this account is 100% personal earnings? Please advise.
Today I received a Garnishment of Property other than Personal Earnings affidavit in the mail. They have located our bank account and are planning on garnishing anything over $400.00. The problem is that I am self-employed, so any money being deposited into this account is considered personal earnings. In other words, they are garnishing my wages at an insane percentage beyond what is permitted by state law. This will make saving up for my bankruptcy filing difficult, let alone paying my monthly expenses.
Right now this is the only asset I have other than my car which is paid for but worth under $2000.00. I need advice on how to proceed. Can I object to this garnishment and request a hearing to explain that the money in this account is 100% personal earnings? Please advise.