Oklahoma limits the amount that a creditor can take from your paycheck at 25%. However, in certain cases, the amount can be more.
For your wages to be garnished, it will take a court order. That means that your creditor will have to go through the legal system first to obtain the order that will start to garnish your wages.
However, there are several instances where your wages can be garnished without a court order. These things are unpaid child support, unpaid income taxes, or defaulted student loans.
There are several instances where wage garnishment can be stopped. Wage garnishment can be stopped if you are filing for bankruptcy or claim undue hardship.
If you face wage garnishment and are attempting to prevent it, there are basically only two ways to do that. The first option is to file for bankruptcy and the second option is to find a way to pay off your debts.
If you do not qualify for bankruptcy, then you can work out a debt settlement. A debt settlement will often cost more than bankruptcy. If you plan on filing a debt settlement, it is best to stop paying your creditors and let them sue you and attempt to file for bankruptcy.
If you are facing wage garnishment, you need to speak with an experienced attorney who will help you navigate the experience. While talking to a bankruptcy attorney might not solve all of your problems, they will explain all of your options to you and what the next steps you are should take are.