Quite commonly, creditors often believe there is a solution for their financial difficulties over the rainbow. Unfortunately, in most cases, that does not turn out to be the case. Quite often creditors receive documents served upon them by bailiffs and do not appreciate the urgency of taking the appropriate action. Typically, this will result in the creditor eventually obtaining judgment from the Court. Once these judgments are enforceable, creditors will often take a garnishment against the debtor’s pay.
Now imagine the emotion of being called by your employer and being asked to explain why they just received a notice from a bank or other creditor to seize a portion of your pay. Depending on a person’s employment, this can even affect their employment conditions.
The PBI Team is always available to answer your questions and advise you on the implications of any legal proceeding