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Consumer Bankruptcy : Chapter 7, Chapter 13, Protection From Claims of Creditors
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Old 08-30-2000, 12:58 PM
Badbreaks
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From NY - I work for a financial organization who gave me a car loan and credit cards years ago. I was laid off from the company and returned recently. These debts have been charged off for about 6 years now. I called to set up a payment arrangement now that I'm able to pay again and found that interest on the car loan has tripled and preceeded the original principal, also a collector just started to pursued me for the credit cards. I am considering filing chapt 7. Can the company fire me for claiming bankruptcy or can they automatically withhold money from my pay?
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Old 08-31-2000, 01:22 AM
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<BLOCKQUOTE><font size="1" face=" Arial, Verdana, Helvetica">quote:</font><HR>Originally posted by Badbreaks:
From NY - I work for a financial organization who gave me a car loan and credit cards years ago. I was laid off from the company and returned recently. These debts have been charged off for about 6 years now. I called to set up a payment arrangement now that I'm able to pay again and found that interest on the car loan has tripled and preceeded the original principal, also a collector just started to pursued me for the credit cards. I am considering filing chapt 7. Can the company fire me for claiming bankruptcy or can they automatically withhold money from my pay?<HR></BLOCKQUOTE>

You can not be fired due to BK as it would be discrimination. Pay can not be deducted from unless your employer is served with a court ordered garnishee.
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