Do you need a debt collection attorney?

February 202010

Posted in Finance | No Comments »

A debt collection attorney is engaged by creditors to recover monies due by any legal means necessary. They will apply to the Courts for a wage garnishment order where you could be made to surrender between 15% and 25% of your salary after deductions for income tax and social security.

If you are already having financial problems this type of order will make your situation a lot more difficult and is obviously best avoided. The good news is that it is possible to negotiate with the debt collection attorney. You just need to face facts and stop putting your head in the sand hoping your debts will magically disappear.

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