Posts Tagged ‘Wage Garnishment’

If you have unpaid debt and attempts by your lender to collect payment have failed, you could potentially have your wages garnished. When a person’s wages are garnished, a portion of their paycheck is automatically deducted and sent to creditors in order to fulfill the unpaid debt. Once the debt is paid off, the wages […]

Wage garnishment is usually a lender’s final attempt in collecting any outstanding balances that a borrower has yet to pay off. If several attempts at alternative methods prove to be unsuccessful, a creditor may be authorized to garnish your wages. This is a legal order that your employer must adhere to, and involves taking a […]