Getting a Tax Garnishment Attorney When It’s Necessary

Wage garnishment can take a toll on your finances. It lets the creditor get a part of your wage to pay your debt. If you face this issue, you should consider hiring a tax garnishment attorney.

CAN A TAX GARNISHMENT ATTORNEY STOP A WAGE GARNISHMENT? 

In some cases, you just allow your wages to be garnished to fully pay your debt. However, in other cases, it does not make sense. If your situation is the latter, consider challenging the amount that you owe.

Another option is to hire an attorney. You should hire an attorney if you think that you did not owe the debt your creditor wants you to pay. When the garnishment has been filed, you are obligated to pay such debt.

At this point, it can be difficult to prove that you do not owe such debt. However, it does not make sense to hire an attorney that charges you fees that are higher than the amount you owe. You should ask the lawyer upfront their legal fees to determine whether or not the charges are greater than what you will need to pay.

Another situation where you need to hire an attorney is when the creditor takes a lot of money from you. After getting a notification that a wage garnishment has been filed, you will get details from the agency or the court about the garnishment.

The information will include details about the amount of money you owe and how much will be taken from your paycheck per month. If you think that your creditor is taking a lot of your money, you must consult with your attorney.

By choosing the right tax attorney, you can avoid wage garnishment or you can work out an arrangement with your creditors. Most creditors are willing to work with their debtors. The reason for this is that they do not want you to file bankruptcy. By agreeing to a voluntary payment plan, you can avoid a levy or wage garnishment.

You should negotiate with your creditors with the help of an attorney. In this way, you will not agree to a plan that may be confusing or less than optimal for you.

If your employer is threatening to let you go because of this case, you can consult with our attorney. Keep in mind that employers are not allowed to fire you because of wage garnishment.

You should also consider consulting an attorney if your creditor wants to look into your bank account. Remember that your creditors cannot take more of your wages than the law allows. If it does, though, you should file a report. But, you must first contact an attorney to guide you.

Wage garnishment can greatly affect your finances. To stop your creditors from doing so, make sure to consult our experienced tax garnishment attorney. Contact Tenina Law at (818) 791-0344.

Stopping Tax Levy with the Help of an Attorney

A tax levy is a serious business. It can put your assets at risk, and it may include penalties like seizing assets. It shows up after you received a tax lien.

A levy can easily affect your financial situation as it shrinks your paycheck. Each payday, your employer can get a portion of your earnings. Furthermore, your bank accounts will be frozen.

The IRS will place a hold on your account for 21 days. If you have not contacted the IRS after 21 days, the bank will submit all your money to the IRS.

If you do not want this to happen, you should contact an attorney right away.

CONTACT AN ATTORNEY TO RELEASE A TAX LEVY
It is clear that a levy could put your entire finances at risk. To have it released, though, you should hire a local tax attorney who knows what to do.

Although levies are released after you have paid off the IRS, there are cases where you can appeal to the IRS to discharge the levy. This is especially true if the levy creates a financial hardship. The IRS may hold off but you will still need to deal with it in the future.

Preventing a Tax Levy
The best way to avoid it is to pay your taxes. If you have trouble with your taxes, make sure to call the Tenina Law office to know your options. You may also choose to pay your taxes through a payment plan. It lets you pay them over an extended period, but it incurs penalties and interest.

Making an Offer
You can also negotiate with the IRS. But, if you are going this route, you need a skilled attorney from Tenina Law Office.

An offer in compromise lets you show that to the IRS that you cannot pay what you owe considering your expenses, assets, and income. Through attorney Alla Tenina and her team, you can pay less than the tax bill.

Our experienced tax lawyer can help you avoid a levy to avoid freezing your funds. The levy will not affect the money that you have added to your bank after the levy.

Contact an Experienced Tax Lawyer
After receiving a levy notice, you need to contact the Tenina law office right away. Our tax lawyers understand the entire process and know what solutions to take to prevent your property from being seized. They can also stop the IRS  from freezing your account or garnishing your wages.

Tenina Law office can assist you in avoiding the worst-case scenario by protecting your assets. You should call our attorney immediately after receiving the notice. You may call us to schedule a levy consultation.

There are ways to stop tax levy and prevent it from seizing your property or entire assets. Give us a call today for a consultation: (818) 791-0344.

Bankruptcy Lawyer in Sherman Oaks: Is Filing the Best Option?

Filing for bankruptcy may be the best option for some individuals, but not for everyone. If you are not sure what to do to repay your debts, then make sure to contact our bankruptcy lawyer in Sherman Oaks.

Some people will consider bankruptcy as the end of the world. However, there are people that come out of it in great shape. For one, it stops debt collectors from calling you. It also halts any lawsuits and wage garnishments. Most of all, it erases your debt. In addition, it saves your home from foreclosure It can also help your credit scores, too.

BANKRUPTCY LAWYER IN SHERMAN OAKS ADVISES ON BANKRUPTCY

Indeed, scoring experts will tell you not to file for bankruptcy because it will affect your scores. But, this is not always true.

If you have been struggling for so long with your overwhelming debt, your credit could be damaged when you file for bankruptcy. When you file, your scores will rise instead of falling. Once the debt is erased, your score will go up even more.

In a way, you are way better off than not filing. It can be a great way for you to recover your finances. Then again, your case may be different.

That’s why it is advisable that you talk to a bankruptcy lawyer to know your options. As mentioned earlier, bankruptcy is not always the right answer for everyone. Some methods might offer more help than bankruptcy.

How Soon Can You Increase Your Score?
Before filing, your credit score is relatively low. But it will rise steadily after filing. The average credit score for filing is 538.20. When your case is discharged, the score can go up to 620.3.

When you file for chapter 13, it requires up to three years of the repayment plan. Once completed, you will see your score rising to 610.8.

But, the credit score is just one of the reasons you may consider filing. As mentioned earlier, filing can end your collection nightmare.

When you are in great debt, your financial troubles will get worse. The balances in collections will just grow. But if you file for bankruptcy, you will benefit from the automatic stay that can stop all collection efforts, like wage garnishment and lawsuits.

Furthermore, you are free from paying some debts, like credit card debt, personal loans, past-due rent, business debts, and many others.

However, you must also be aware that some debts cannot be erased, like tax debt and child support. Regarding your loan debt, it is rare that it will be erased. However, if your tax debt is 3 or more years old it may be dischargeable in bankruptcy.

Then again, if you can eliminate some of your debts, you are giving more room to help you repay your other debts. It is still a win-win situation.

In some cases, though, filing for bankruptcy is the last option. To know what method to use to help you repay your debts, you should ask our bankruptcy lawyer at the Tenina Law office. We can recommend some ways to help you pay your bills. You may also opt for a debt relief solution.

To consult with our bankruptcy lawyer in Sherman Oaks, contact: (818) 791-0344.