how much can be garnished from your wages in Indiana?

Question

In Indiana (where I live) a creditor can go to court and have a judgement placed against your wages without you even knowing it - but I want to know what is the maximum percentage a creditor can take from your wages - is it 25% - AND - is it true that only one garnishment can be applied to your wages at one time ... ??? This is for Indiana. Any Indiana people that can answer this?

Answer 1

Debt and Bankruptcy Laws -- Indiana
WAGE GARNISHMENT EXEMPTION: 75% of disposable earnings or 30 times the federal minimum hourly wage ($5.15), whichever is greater

MAXIMUM INTEREST RATE: Legal: 8% Judgment: 8%

STATUTE OF LIMITATIONS FOR ENFORCEMENT:

Open Account (credit card): 6 years
Written contract for payment of money: 6 years
Written Contract (other than payment of money): 10 years
Written Contract (sale of goods): 4 years
Domestic Judgment: 10 years (property); 20 years (personal)
Foreign Judgment: 10

Debt Kit includes sample letters and techniques for dealing with debt collectors

BAD CHECK LAW DAMAGES: Three times the check amount up to $500 over check amount (can also collect attorney fees plus interest up to 18% OR attorney fees and 8% interest)

BANKRUPTCY PROPERTY EXEMPTIONS (Indiana Statutes Annotated):

Cannot claim federal exemptions, but can claim the federal non-bankruptcy exemptions

The State of Indiana exempts the property and income below from seizure by the bankruptcy court to pay creditors:

Real Estate: Real or personal property used as residence to $7,500; homestead plus personal property (except health aids) up to $10,000 [34-55-10-2(b)(1)]
Personal property: $100 of any intangible personal property except money which is owed to debtor [34-55-10-2(b)(3)]; health aids, unlimited amount [34-55-10-2(b)(4)]; national guard uniforms, arms and equipment, unlimited amount [10-2-6-3]
Insurance / Annuities: Fraternal society benefits, unlimited amount [27-11-6-3]; group life insurance policy, unlimited amount [27-1-12-29]; life insurance policy, proceeds or cash value if beneficiary is insured's spouse or dependent, unlimited amount [27-1-12-14]; life insurance proceeds if policy prohibits proceeds to be used to pay creditors, unlimited amount [27-2-5-1]; mutual life or accident insurance proceeds, unlimited amount [27-8-3-23]
Pensions / Retirement Plans: Retirement benefits, unlimited amount [5-10.3-8-9]; firefighters, unlimited amount [36-8-7-22 and 36-8-8-17]; police officers, unpaid benefits only [10-1-2-9 and 36-8-8-17]; sheriffs, unpaid benefits only [36-8-10-19]; state-employed teachers [21-6.1-5-17]
Public Benefits / Entitlements: Unemployment compensation, unlimited amount [22-4-33-3]; workers' compensation, unlimited amount [22-3-2-17]; crime victims' compensation unless debt is for the treatment of injury incurred during the crime, unlimited amount [5-2-6.1-38]
Wages: 75% of earned but unpaid wages [24-4.5-5-105]
Miscellaneous: Real estate or tangible personal property up to $4,000 [34-55-10-2(b)(2)]; business partnership property, unlimited amount [23-4-1-25]

Answer 2

Indiana Wage Garnishment

Answer 3

Indiana Garnishment Laws

Answer 4

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RE:
how much can be garnished from your wages in Indiana?
In Indiana (where I live) a creditor can go to court and have a judgement placed against your wages without you even knowing it - but I want to know what is the maximum percentage a creditor can take from your wages - is it 25% - AND - is it true that only one garnishment can be applied to your...

Answer 5

I have a garnishment myself and can tell you that they can take up to 25% of your NET pay or 30 times minimum wage, which is 217.00. The lessor of the 2 is what they can take and yes only 1 garnishment can be taken out at a time. If you have more, they have to wait in line until your others are paid. They have to have a court order from a Judge before they can EVER do that though, unless it's child support, back taxes or student loans or if you have an overpayment in unemployment. Hope that helps!

Answer 6

Compare rates free

Answer 7

Interesting thread!

Answer 8

I don't think this is feasible