We have decent income and then lost 1 income 100% – churned up 45k in debt with 20k to irs some of that irs debt is 5k due form last year and 16k due from 2009 just discovered.
We were working with Legal Helpers and they helped us get a wage garnishment – we did not have enough $$ in the acct. We have paid them over 9k in the last year and they did not settle ANY DEBT FOR US – and they were supposed to handle this before they garnished my wage – letting them handle it led to a wage garnishment that occured after I paid off the amt owed – yikes they really stink and they do not do what they said.
Since we make over $100k but have major debt we are assuming all debt will come after us and garnish our wages after this last one.. so we are thinking chpt 13 is the only way to get protect ourselves from wage garnishment – what are your thoughts? We are worried that chpt 13 will make us pay off too much monthly and we will not be able to make the payments – with the IRS they are telling us $1600 a month and not sure we can afford that right now…mortage payments and heloc up to date but take a solid one third of our take home pay. Thanks for your advice, we have to do something before IRS and others come after our wages and we can pay no one.