Can you can make a payment arrangement to stop garnishment of wages?

Garnishment of Wages

Yes, you can make payment arrangements with almost anyone to whom you owe money. In fact, they would probably prefer that to the giant pain in the ass garnishing wages can be. Companies, health care professionals and even the IRS are willing to set up a payment arrangement with you. However, to be sure you don't miss a payment and force the creditor to "call" the whole amount (try to force you to pay in full), they may ask for checking account information so they can take it out on the day of the month you tell them is best.
Hello there,
I totally agree with Macky. Just wanted to add a couple of points.
1. All creditors/ collectors will threaten to sue you and garnish your paychecks. I would suggest, first look up you r state laws and a little bit of common sense before getting afraid. For example, no one can garnish your disability allowance, Social security Income, no one can garnish you if you are self employed or un employed.

2. More and more banks try to settle matters out of the court, as they also know that jobs are unstable and property is losing value these days, so things like garnishment or lien on mortgage doesn't help them much.
Go for it. Don't feel that you have to agree to all they say. Go ahead and negotiate, they will agree to it. I recently had a friend who was in a similar situation. He had a debt of some $20000 with a Credit card. He was being garnished, the bank gave him an offer to settle out of bank. They finally agreed on the following terms. $50 a month for next 5 years. THATZ IT. So, the point here is, if you are being garnished, dont let your chances of negotiations go by.