Dealing with Creditors

By Stephanie M. Keels, Esq.

It is not wise to ignore calls from creditors. It is better to take the call and try to negotiate a payment that you can realistically afford; even if the amount you can pay is minimal. If you fail to do so, the creditor can escalate the matter by filing a court action and attempting to garnish your wages or attach your bank account. If this happens, it can devastate your household and further worsen your financial situation because you have very little power about how much money is garnished or attached. NRS Chapter 31 addresses attachments and garnishments in Nevada. NRS 31.295 sets forth how much money can be garnished from one’s wages. Needless to say, the amount of money allowed to be garnished by law will probably be more than you can afford to pay. As such, it is best to address creditors head on.