Can Credit Card Companies Garnish Wages?

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Can credit card companies garnish wages? Via ForbesAdvisor

Wage garnishment isn’t automatically triggered when you default on a credit card debt. Again, credit card companies must follow a process before moving ahead with wage garnishment. Generally, it works like this:You’re served with official notice of the lawsuit, so you have a chance to respond to it.

In terms of when wage garnishment can begin after a court order is issued, this can depend on the laws in your state. But generally, it may begin any time within the 30-day period after the court order is finalized.If you’re subject to wage garnishment, there’s a silver lining. The Department of Labor limits how much creditors can garnish from your paychecks each payday. This means you don’t have to worry about your paycheck being $0 when it’s time to get paid.

Your disposable earnings equal the earnings you receive after legally required deductions are made, such as federal, state and local taxes, Medicare and Social Security.

 

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Advisor I hope not!!

Advisor MORE on how to create homeless situations? Fighting the housing crisis so companies like OCWEN doesnt buy up housing for cents on the dollar like 10 years ago?

Advisor Pay your bills and on time and you’ll be ok. No worries.

Advisor thanks

Advisor I believe they can but only if they take you to court and win.

Advisor

Advisor horrible

Advisor No, but parsley can

Advisor 지옥은 하나님과 영원히 분리되는 곳입니다 EternalRevival

Advisor The new payday lenders

Advisor Garnis wages is nothing !! They already charge you 20% for borrowing money are you crazy !!

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