The Ins and Outs of Wage Garnishment, and How to Avoid It
In the world of debt collection, wage garnishment is the equivalent of bringing in the "big guns." It's a regular payment to a creditor, taken from a paycheck by the employer. This is a powerful tool used by creditors to get repaid, but it also requires that they initiate a lawsuit -- something many are reluctant to do until they've tried other methods first. In addition, as might be expected with this rather drastic method of repayment, there are state and federal laws that govern the process that restrict how much can be taken from a person's paycheck.
Wage ...