garnishment Tag

If you are in over your head with debts, chances are one or more of your lenders have sued you for a past due bill. If a judgment has been entered against you, the next step most lenders take is to collect the judgment amount. One of the most popular ways to collect on a judgment is to issue a garnishment. A garnishment is a court order, directed to your employer, to hold money out of your...

Do you remember the excitement of getting your first job, and how quickly that excitement faded when you saw how much of your paycheck was held out for things like taxes? No one likes to have their paycheck reduced, but the facts of life are that certain charges come out of your pay that make your take home pay much less than what you need. There is little anyone can do to avoid having taxes...

When creditors come knocking and calling to collect overdue debt, one of the first thoughts many consumers have is whether filing bankruptcy to stop the collection efforts is the best choice. The decision to file bankruptcy is one that should only be made after careful analysis and serious thought is given to your circumstances. In some instance you may be better off trying to negotiate more...

It can be a shock every other week to receive your paycheck and see just how much was held out for taxes, insurance, and other benefits. The amount of money you actually take home is much different than the amount of money you are told is your salary, but it is the take home figure that matters. So, why not do everything you can to make sure the amount that goes in your pocket is as large as...

Being sued for debts is a stressful experience. No payment of debt is not an intentional act, but usually comes about due to unforeseen circumstances. For most people an unexpected life circumstance leads to debt quickly piling up, which is impossible to pay. All it takes is one catastrophic event, such as being diagnosed with cancer or being in a serious accident, for your finances to take a...