Having your wages garnished is frustrating and difficult to cope with when you're already struggling financially. What happens, however, when you aren't actually an employee? If you're an independent contractor who works for yourself, does a garnishment order still apply?
Seek an attorney's help to stop wage garnishment
You know you're behind on your bills. You want to pay them, but you just don't have the funds.
Facing wage garnishment? What you need to know
If you are facing a wage garnishment to settle a debt, your finances have likely been in disarray for some time. Ignoring the problem will not make it go away, so it's time to take the bull by the horns and decide on a course of action.
Filing for bankruptcy can help you stop wage garnishment
Making financial ends meet is difficult enough, but when you get behind on debt payments and a creditor secures a wage garnishment order against you, your financial circumstances can get particularly rough. Fortunately, you may be able to stop wage garnishment in its tracks by filing for bankruptcy. Those who qualify from the bankruptcy process will benefit from an "automatic stay."
Wage garnishment for student loans in Ohio: What you need to know
The human relations director at your work brings you a sealed envelope.
Is Social Security income in danger of garnishment?
Banks and creditors are not the only entities who may wish to garnish a debtor's wages if they have owed a lot for a long time. One of the dangers for certain debts is that benefits from the Social Security Administration (SSA) may be withheld as well as other income.
Payday loans can make debts even worse for Ohioans
Debts can destroy dreams as easily as they take away vital assets from people and families. Ohioans have had more than their share of experience with debt, as the loss of industry and the worldwide recession hit the state's middle class hard.
How do I deal with wage garnishment?
Millions of workers in Ohio and around the country face anxiety when their pay stub arrives. Taxes, insurance costs and other withholdings can make a salary seem paltry. But nothing compares to looking at a stub and finding up to a quarter of one's take-home pay gone.
New Ohio law may affect wage garnishment
Wage garnishment is illegal unless it is supported by a court order. Creditors can apply for a court order if they have gone through a significant number of attempts to recover a debt and can find no other alternative. Ohio state law limits garnishment to 25 percent of a person's disposable earnings in most cases as well.
New wage garnishment restriction suggested in Ohio
Anyone facing debt is dealing with a serious challenge. There are many ways into financial problems, but there are fortunately also many ways out. The right attorney can help clients consolidate debt, declare bankruptcy or find another way towards financial health.
