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You only make 800.00 a month but you owe 36000.00 in credit card debt can they garnish your wages?
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∙ 14y ago
In some states you may be exempted from garnishment. In order to fully answer your question please copy and paste to the url.
https://livechat17.volusion.com/livechat.aspx?ID=242155&location=https%3a//www.ontrackfinancialgroup.com/&auto=0&cookieGuid=4jemrfffgqabwkvgckfyn2ni&DeptID=&Agent=&tType=
Ontrack Financial Group llc
Wiki User
∙ 14y ago
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I am currently and have been paying faithfully a collection agency 50.00 a month to settle a medical debt. The agency is now threatening to garnish my wages for more. can they do that.?
NO. If you are paying a little at a time they can not garnish wages. The collection agency can not garnish your wages.The only agency that can do that is the Internal Revenue Service. It is better to pay the account in full when settleing a debt it show's on you credit report that you took a settlement. 50.00 a month try that toward your outstanding balance and pay more if you can.
What is the maximum percent a creditor can garnish from your gross income in the state of MO?
I make $600 a month can a collection agency require a minimum of $200 a month.
What happens when you dont pay the credit fee that is due every month?
If you don't pay the credit fee or payment each month, your credit will suffer.
Why is it important to pay your credit card bills on time every month?
when it takes you more than a month to pay off your credit card debt it makes your credit score higher
What percentage of credit card holders carry a balance from month-to-month?
42%
How much do you make a month if you get 80000 a year?
There are 12 months in the year. So, 80000 a year equals 80000/12 per month or 6666.67 per month.
What is the percentage Sallie Mae can garnish from SS each month?
Sallie Mae can garnish 63% from SS each month.
I am currently and have been paying faithfully a collection agency 50.00 a month to settle a medical debt. The agency is now threatening to garnish my wages for more. can they do that.?
NO. If you are paying a little at a time they can not garnish wages. The collection agency can not garnish your wages.The only agency that can do that is the Internal Revenue Service. It is better to pay the account in full when settleing a debt it show's on you credit report that you took a settlement. 50.00 a month try that toward your outstanding balance and pay more if you can.
What is the maximum percent a creditor can garnish from your gross income in the state of MO?
I make $600 a month can a collection agency require a minimum of $200 a month.
What is an Example of good credit?
Paying off all credit cards each month Paying off all credit cards each month
What happens when you dont pay the credit fee that is due every month?
If you don't pay the credit fee or payment each month, your credit will suffer.
What is an example of exhibiting good credit?
Paying off all credit cards each month Paying off all credit cards each month
What is a mayor's salary?
The salary of mayor generally depends on the locality and elevation to which he would have to administer. It generally varies from 1000 USD to 80000 USD a month
Why is it important to pay your credit card bills on time every month?
when it takes you more than a month to pay off your credit card debt it makes your credit score higher
What percentage of credit card holders carry a balance from month-to-month?
42%
How can credit cards help a consumer to build credit?
They help build credit if you charge something and then pay if off without leaving a balance. When part of the balance is left unpaid if hurts your credit, and if it is done month after month and you start to have a high balance, if really starts to hurt your credit. The best thing to do is pay your bill off every month and your credit score will increase.
In what months do the credit bureaus update credit reports and scores?
Credit bureaus update at the beginning of every month.
