How to Stop Credit Garnishments

Creditors have several tactics to recovering unpaid funds and one method involves getting a court order to garnish your wages. Wage garnishments refer to a employer holding a percentage of your earnings in order for a creditor to collect on an unpaid debt. But rather than lose a chunk of your money, you can stop a credit garnishment early.

Instructions

1

Voluntarily pay off the debt. Stop creditors from garnishing your wages by sending them a check or money order for the entire balance. Contact your creditor, mention your plan to pay off the balance in full and then keep a copy of the canceled check.

2

Discuss your payment options. When full repayment isn't financially doable, ask your creditor to consider a monthly payment plan until the debt is paid. Review your finances to know how much you can afford to send before calling. Suggest a monthly payment, and ask creditors to halt garnishments upon receipt of your first monthly payment.

3

Get payment agreements in writing. Do not send your first installment payment until the creditor mails confirmation of the agreement. Retain this copy and keep it in a safe place.