Wage Garnishment Help
If creditors are calling you to demand payment and you’ve got nothing to give, you may have already heard the term “wage garnishment.” It’s meant to scare you — and to be honest, it probably should. A wage garnishment is a means by which creditors can collect money you owe them by taking a portion of your paycheck. It’s a drastic legal maneuver and a last resort for most debt collectors — but it does happen. Here’s how the process works.
If you are unable or unwilling to pay a debt you owe, a creditor can sue you to collect the money. If the creditor wins and you still do not pay, the creditor can ask the court to issue a Writ of Garnishment. If the writ is granted, papers are then sent to your employer with instructions to withhold a certain amount of money from your paychecks until the judgement is satisfied. That money goes directly to your creditor and you receive whatever is left.