2007-08-20 11:30:18 · 7 answers · asked by PW 2 in Business & Finance ➔ Credit
YES! It is better to contact them and set up payments before that happens. The only thing they can't collect from is Social Security if that is your only income.
2007-08-20 11:35:33 · answer #1 · answered by jackyblu 4 · 0⤊ 0⤋
There are some states that do not allow wage garnishments. But for the rest, yes. They can garnish once they have gone to court and received a judgment against you.
2007-08-20 11:41:42 · answer #2 · answered by Anonymous · 1⤊ 0⤋
i have had this happen to me once. i know for a fact that not all of them will garnish your wages . but this one company certainly did. it was due to a hospital bill that i had . not sure what type of debt you owe but i know it depends on the company. your best bet is to set up a payment plan with the company. thats what i am doing right now. i pay 25.00 a month and they dont bother me. they cant do anything as long as you pay them something every month.
2007-08-20 11:43:50 · answer #3 · answered by klkrazy2004 2 · 0⤊ 0⤋
I propose you open a financial corporation account at a close-by financial corporation in a close-by community and have your assessments deposited there if attainable. that supply you some secure practices from the garnishment. or you could flow back to court docket and ask for a transformation to the order based on your exchange of earnings.
2016-10-02 23:12:58 · answer #4 · answered by shenk 4 · 0⤊ 0⤋
YES. Your creditors certainly have the right to sue to recover their money. But usually the purpose of the lawsuit is to force a settlement on the matter. My experience has shown that most creditors would rather not go to the expense of suing and simply try to negotiate a settlement.
At the end of the day the creditor just wants to be paid.
2007-08-20 12:10:36 · answer #5 · answered by Anonymous · 1⤊ 0⤋
`yes they can garnish your wages,they have to get a judgement first,and they can take up to 25% of your check depending on which state you live in .
2007-08-20 11:40:55 · answer #6 · answered by Jim F 3 · 0⤊ 0⤋
Yes. They have to sue you and get a judgment first. Then they can attach your bank accounts, garnish your wages, and lien your house.
2007-08-20 11:36:21 · answer #7 · answered by bdancer222 7 · 1⤊ 0⤋