A California resident may wonder about the best approach to avoiding wages being withheld from a paycheck to cover an unpaid debt. It is important to note that ignoring a debt may lead to a situation in which garnishment is ordered by a court. However, preventive strategies may enable an individual to keep things from escalating to that point.
One of the most important steps to consider in dealing with a debt can be discussing the issue as soon as it becomes apparent that a payment deadline cannot be met. In some cases, it may be possible to arrive at a manageable payment plan. In cases involving payments that have already been missed, a creditor might even be willing to negotiate a settlement in which a lesser amount can be paid in a lump sum. In other cases, it may be possible to obtain debt relief by negotiating a longer payment period with lower overall payments. Creditors may be willing to work with an individual if they realize that bankruptcy is the alternative, a situation that can often result in little or no recovery of an outstanding amount.