Who has the legal right to do this? Can credit card companies do that? My boss told me that only the IRS can do that if I mess up my taxes.
2007-12-04 11:29:37 · 5 answers · asked by Anna Rexia 5 in Business & Finance ➔ Taxes ➔ United States
Your employer is required to garnish your wages whenever presented with a court order to do so.
Court orders to garnish wages typically come from the following sources:
1)Child Support
2) Back taxes
3) vehicle registration collections
4) court ordered judgments against you
Typically, you may have a maximum of 50% of your net wages withheld from your check and forwarded to the agency you are paying to.
If being garnished by more than one agency at a time, the rules can change. You still typically can be subjected to 50% of your net being deducted, but the way it gets distributed changes.
2007-12-04 12:25:09 · answer #1 · answered by PacificHR S 6 · 0⤊ 0⤋
That depends upon state law.
Some states such as FL and TX prohibit any garnishment of wages based upon a judgment secured by a commercial creditor. In those states you can only have your wages attached for back taxes and child support.
Other states allow up to 25% of your disposable income to be garnisheed to satisfy a judgment.
Other states fall somewhere in between the two.
2007-12-04 20:34:27 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋
The credit card company would have to get a court judgement against you in order to garnish your wages.
2007-12-04 20:55:53 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
the irs can do it, also I know that child support can do it too. I am pretty sure that credit card companies can do it also.
2007-12-04 19:33:18 · answer #4 · answered by Brandy 3 · 2⤊ 0⤋
IRS & any court rulings against you.
2007-12-04 19:48:50 · answer #5 · answered by Anonymous · 0⤊ 0⤋