Pros And Cons Of Quitting Your Job Once Your Wages Get Garnished

Realizing that your wages are being garnished may come as a surprise to you, or you may have expected that it might happen soon. Whatever the case, few people are keen on wage garnishment, and this means that you may start to think about how you can avoid losing this money. One option that you'll likely consider is to quit your job — after all, there's no garnishment if there's no income. Before you make any decisions, it's wise to speak to a garnishment attorney. Here are some pros and cons that you'd face upon quitting your job.

Pro: No More Garnishment

When your wages are garnished, your employer withholds a percentage of what it owes you and passes this money along to the creditor. Should you decide to quit your job, there are no more wages to divide and garnish in this manner. This can be an extremely satisfying situation for you, at least in the short term. For example, you'll no longer feel the frustration that comes with working hard at your job only to be paid a percentage of what you've earned.

Con: No More Income

On the flip side of the decision to quit your job, of course, is the fact that you'll no longer have a source of income. Wage garnishment usually only occurs when you're in the difficult financial position of owing a lot of money — and often, to a number of creditors. While quitting your job might stop the garnishment, it also stops your flow of income, which can be problematic for a number of reasons.

Pro: Ability To Find Something Else

Some people who face wage garnishment abruptly quit their jobs and then seek another job — perhaps one that pays well because of tipping. For example, if you were to quit your job and then take a job as a valet, your creditors might eventually catch up to you and begin to garnish this income, too. But, you'd have your tips as a steady source of income, and that may make a difference in your financial health.

Con: It Seems Evasive

The creditors who are already trying to get money that you owe them are likely frustrated with your lack of paying what you owe, and they aren't going to be happy when they learn that you've quit your job. To the creditors, this action can seem as though you're deliberately trying to evade them — which, technically, you are — and this may compel them to take more drastic measures to get the money that you owe.

For more information about how to handle wage garnishment, work with a local lawyer like Stuart J Sinsheimer Attorney at Law