If you ignore outstanding debts and have a job that gives you a steady paycheck, it is likely that the creditor will seek a judgement against you. After receiving a judgment your creditors may attempt to garnish your wages. In Missouri, creditors can garnish up to 25% of your gross pay to satisfy an outstanding debt. This can immediately send an individual or family from financially treading water to being unable to meet their everyday living expenses.
A wage garnishment is a serious financial hindrance and it can be a symptom of the fact that your finances are in disarray and you need a fresh start. Bankruptcy can be your way out.