If a creditor has sued you for nonpayment on a debt and won the case, a wage garnishment can be created against you. Wage garnishments are the legal procedure where a portion of your paycheck is withheld by an employer and then given directly to the creditor.  Wage garnishments are continued until the full amount of debt is paid off. These garnishments are orders by the court or other government agencies. Continue reading →

A wage garnishment is a legal solution authorized by a court that allows an employer to withhold a certain amount of your wage as compensation for debt. Having to go through a situation like this can be beyond stressful. You work so hard everyday, just so you can support your family and maintain a roof over their heads but then to see money being taken out of paycheck every month? That is a lot of weight and pressure being put on your shoulders to take action and do something. Continue reading →

Credit card debt is a common problem experienced by Americans everywhere, and the most effective legal defense is the statute of limitations, when it applies.  However, the statute of limitations varies from state to state.  This article is about the statute of limitations on debt collection in Kentucky, specifically. Continue reading →

A wage garnishment or income withholding happens when a creditor takes money from your paycheck as compensation for an unpaid debt. Having to go through such a situation can be unbelievably stressful. You wake up every morning, go into work, and make your money so at the end of the day, you can support your family and have dinner on the table. But when you start seeing money being taken out every month, that can put a lot of stress on your shoulders. Continue reading →

Do you keep getting calls and messages from debt collection agencies about an old debt that you thought was written off years ago? These people are called scavenger debt collectors, and are known for using illegal methods to collect time-barred debt. However, you should know that you do not have to pay debt that is considered too old by your state. This is what is called as the statute of limitations on debt. Continue reading →

In bad economic times, it is not unusual to become overburdened with debt. Many Americans struggle to pay their monthly payments, which quickly accumulate into large debts. Once these debts have gotten so extreme, some are forced to decide whether to file bankruptcy or lose their house to foreclosure. Each of these options comes with separate repercussions. Continue reading →

The statute of limitations on debt limits how long you can be penalized for previous credit mistakes. Georgia limits this window of opportunity where a creditor may sue you on defaulted debt. It ranges from 4 to 6 years, depending on the type of debt. Continue reading →

Garnishment, or wage garnishment, in particular, is perhaps one of the most feared terms in the English language. It is a last ditch effort for debt collection, and lets face it, none of us want to face it. Continue reading →

If you have fallen behind on debt payments, so much so that you are years behind on repaying your debt, and are constantly hounded by creditors and collections agencies, knowing the statute of limitations for your debt can help you defend yourself if taken to court by your creditors and rid yourself of years old debt. The statute of limitations is the amount of time that creditors have to file charges against you after you have missed payments, and this time is unique to Florida. Continue reading →

Although bankruptcy is a powerful tool for debtors, it does not wipe out all kinds of debt. Before you file for bankruptcy, make sure to do some research and figure out which debts can and cannot be wiped out. Some of the things filing a bankruptcy can do is get rid of all credit card debt and other unsecured debts, stop creditors from harassing you, and eliminate certain kinds of liens. However, the important information is what does not happen when you file for bankruptcy. Some of the most common debts that cannot be eliminated are: Continue reading →