Please help us! My husband and I desperately want to know (for the ex) if garnishments affect credit because he wants to go to an automatic bank debit to our bank account without Child Support enforcement doing it. And if we can get proof such as websites or who to contact would help us even more. Please help we have tried everything we can think of!
2006-10-27 16:31:59 · 9 answers · asked by debbie_nieves31 1 in Business & Finance ➔ Credit
I'm not sure I fully understand the question, However do garnishments effect your credit........ It depends, If C.S.E. obtained a Wage Verification Form from the present employer the answer is No. This form allow C.S.E. to withhold income without a Judgment.
If there is a Judgment in force the garnishments might not, but the Judgment will unfortunately have a negative affect on his credit.
In regards to the bank debit.............. if the child support is NOT being pay through the state, it's possible to set up a draft paid directly to the ex bank account, you might be able to sell her on the fact that she will receive the payment much faster since there's no middle man involved.
If it is being paid through the state, the chances are slim to none.
However remember the C.S.E. is only a go between. If you could somehow make deal with the ex then C.S.E will have no choice but to comply.
Example: #1 if you owe $2500 offer her a "lump sum" to drop the case.
Example: #2 offer an amount you think she might fall for.$500-$1000. Some time if the sakes are high enough you will be surprised how fast you'll get what you want.
A note to remember,
Although garnishments are aggravating, they grantee a timely payment on your credit report every single month, thus having a positive affect. Glad I could help!
2006-10-27 18:46:52 · answer #1 · answered by Richguy 1 · 0⤊ 0⤋
I don't understand your question totally but this is what I know about what child support can do. They can garnish your wages. They can and will report on your credit. They will report payments as well, but they often forget to report the correct balance, so you have to check that. They don't report that they are garnishing wages. The best thing to do is contact your Child Support Agency. If the Child Support is owed and there is a Judgment, the best way to do it is through the child support agency that is handling the case.
2006-10-27 19:18:22 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Yes. Any kind of garnishment is bad on your credit. The reason why money is being garnished from a pay check is because you would not make the payment yourself, your case was presented to a judge and there was a judgement ruled against you. This was reported to the credit bureaus long before it even got to court.
2006-10-31 14:43:42 · answer #3 · answered by luciousgreeneyedlady 5 · 0⤊ 0⤋
In my opinion, a child support garnishment destroys your credit. I work in the credit industry (mortgages) and when I see someone with a wage garnishment, (and I'll see it either on your credit report or your pay stub) in the past year it's most likely going to be a declined loan. You might be able to get credit at a high rate lender. You need to be paying on it for at least a year, and keep records like keep the receipts or canceled checks so you can prove it. NEVER pay child support in cash.
2006-10-28 03:48:23 · answer #4 · answered by a_lo 2 · 0⤊ 0⤋
I look at credit reports everyday.
One out of ten I would say, I see backed child support as a negative item being reported.
I am not sure I am understanding you correctly, are you asking for advice with stopping a garnishment from child support? If so, I would sat definately not. If you dont pay, you go to jail.
If you are trying to remove the item from you credit reports you can use this free kit, its very effective.
Good luck!
http://www.expert-credit-advice.com/free_credit_repair.htm
2006-10-28 05:30:46 · answer #5 · answered by Anonymous · 0⤊ 0⤋
I am not so sure what you are saying. But one thing for sure is that child support garnishment has nothing to do with credit rating.
2006-10-27 16:52:54 · answer #6 · answered by Anonymous · 0⤊ 0⤋
in basic terms antisocial funds are suggested to the credit bureaus. if you're paying like you're meant to be than you is in basic terms not suggested. in case you fall in the back of they are required to mail you a be conscious that you will be suggested on the best of 30 days except you effectively contest the antisocial status.
2016-12-05 07:34:51 · answer #7 · answered by ? 4 · 0⤊ 0⤋
It may not effect your credit rating, but it will effect your net income, which will effect how much an institution will be willing to loan to you
2006-10-27 17:49:58 · answer #8 · answered by Roadrunner 3 · 0⤊ 0⤋
no
2006-10-27 16:37:00 · answer #9 · answered by sevenout7 4 · 0⤊ 0⤋