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Terry L.
Terry L., Attorney
Category: Bankruptcy Law
Satisfied Customers: 2815
Experience:  Better Business Bureau. 18yrs bankruptcy experience. Chicago Bar Assoc. American Bankruptcy Institute member.
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Our home just foreclosed in Jan 2010. The HOA now has an judgment

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Our home just foreclosed in Jan 2010. The HOA now has an judgment to garnish my husband's wages. The amount due went from $1400 to over $7000 during this past year. They want to take over $500 a month. We don't have much debt other than student loans and an home depot card. Can we file a chapter 7? or is there a way to lessen the amount they want to take out? My husband is the only wage earner and loosing that much a month we wont be able to meet our other financial obligations. Do we have any other options? My husband's employer only has 5 more days to respond. Thanks for your time.
You can do a chapter 7 to discharge the HOA and the credit card. The student loans are not dischargeable though. They can take out up to 15% of the pay from your husband, but that can stop instantly once you file a chapter 7 case.
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