i live in california i am un-employed due to medical problems i have had three major surgeries in a two year span my husband is our only source of income, we currently had a collection agency inform us they will be taking us to court to garnish wages unless we pay 6131.00 in full. we do not have that kind of money we literaly live paycheck to paycheck i offered to pay $100. a month and I was told no… they can get 400.00 by way of garnishment then i was asked if my husband had a 401k plan… if so get the money from that.
we can’t afford to have our only source of income garnished and we would be penalized if we take out any money from the 401k…. to garnish his wages would put us on the street… what are we to do?
It is a recurring tragedy that medical debt often leads to these types of situations. My concern at this point is that it sounds like the debt creating the immediate problem is substantially past due and the last thing we want is a wage garnishment that would throw you into further disarray.
Quite frankly, the most logical solution appears to be a legal fresh start and second chance like bankruptcy. But do you have any other debt besides this one?
If you can give me some more details it can get us closer to nailing down the most likely solution for you.
Please post your responses and follow-up messages to me on this in the comments section below.