If you fail to pay your debt for an extended period of time, there will be consequences — but there are also options to ...

Start tackling your credit card debt now. Once a judgment is obtained, the creditor may request a wage garnishment order. This allows them to take a portion of your paycheck directly from your ...

Being sued over old debt is stressful, but there are ways to resolve this issue, even if you're short on funds.

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A Record Number of Consumers Are Making Minimum Credit Card Payments As Delinquencies Also Rise ...

There are a number of different reasons in which wage garnishment can occur legally. These include defaulted student loans or car loans, debt owed to a credit card company, failure to pay child ...

Alternatively, a bankruptcy filing can be used to halt the garnishment process, although this can have a significant impact on the filer’s credit score and ability to obtain future financing.

Working out a payment plan with government agencies may avoid garnishment. The number of U.S. retirees carrying credit card debt has jumped dramatically in recent years. In 2022, only 40% of ...