answersLogoWhite

0


Best Answer

A credit card company cannot garnish your wages. A creditor must follow due process according to the laws of the debtor's resident state. Which means a lawsuit would have to filed, the case won, a judgment filed and granted and then the judgment executed. All states have laws that govern garnishment amounts. Some states such as Texas do not allow creditor garnishment at all. The average time it takes for a creditor suit to be filed and reach court is 15 months.

User Avatar

Wiki User

8y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How long does it take for a credit card company to be able to garnish your wages?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance
Related questions

Can a collection agency garnish wages for a debt for repossession after 9 years?

They are pushing your buttons. The original company has probably written the debt off and it is possibly off of your credit report. Do not pay them one red cent, or they will be able to resurrect the debt.


Can a debt collector garnish your wages on a repossession in Texas?

Yes if you signed a wage garnish when buying the car. If you didn't they may be able to but the courts will have to decide.


What can a online payday loan company legally do to you in Missouri for nonpayment?

Well they can pursue you in many ways to get back the loan that they funded you, all manners of collections techniques which could ruin your credit. They may be able to garnish your wages as well. For more information you can see www.getecash.com There's info there concerning basic payday loans.


Can payday loan companies garnish wages in Arizona?

They can only garnish your wages if they took you to court and a judge ordered the garnishment via a judgement. The lender first off must be licensed to be able to take action against you in court. But the only entity who can garnish your wages without a court order is the federal government. No matter what you signed there must be due process. Hope this helps. David Schmidt, PLDR


What exactly is bankruptcy?

Bankruptcy is the total or partial abolishment of debts after a formal filing with the government by either an individual or a company. If bankruptcy is granted, banks are able to liquidate assets-barring ones that are exempt-and possibly garnish wages. Credit scores are also severely hit by bankruptcy. The article below goes into more detail on the specifics of bankruptcy.


Can a credit card company attach your wages in California?

yes id they are licensed to do so in that state, but they must obtain a judgment first before they are able to attach anything


Does the state of Iowa garnish wages after bankruptcy to pay your bills?

If the debt is discharged, the creditor cannot initiate or continue any legal proceedings to collect the debt. Some debts like child support cannot be discharged, so Iowa might be able garnish your wages for something like that.


Can your wages be garnished for a repoed vehicle in portland OR?

they should not be able to garnish wages for a vehicle the leinholder has taken back into their possession for payments not being made. They have the vehicle back, so its not right for them to take your money.


What is the meaning of 'to garnish wages'?

It is an American term meaning that a court or other public authority is able to deduct a specific amount or percentage of a persons wages or salary. In the UK, it is called a 'Deductions from earnings order'


Can a credit card company sue an elderly person who only receives social security in kansas?

Yes they can, but if they get a judgment they won't be able to garnish your SS benefits. They may try to levy your bank accounts if they find out were you bank at.


You were little late on your payment now they are going to garnish your wages how can you stop?

Doubt you will be able to stop it now. If you were late, once then there is the assumption you will be late again, and garnishment gaurantees the payment is made and on time. Sorry, contact the company you owe and talk with them, that will be your only hope I think.


Can you garnish the person's wages for whom you co-signed a loan?

If you have paid the loan, you can file a civil lawsuit to try to get your money back and quite possibly garnish their wages. Depending on the amount you may be able to file in small claims court. You can visit the court to inquire about the small claims court limits in your state. You will need proof that you paid the loan.