Yes. Under Nevada law 75% of your weekly pay or (154.50) whichever is highest is exempt from atttachment by creditors. Depending on circumstances, this amount can be amended. But not to the extent of causing undue hardship upon the debtor and/or dependants. Bank accounts, certain pensions, real estate, and other assets can be attached by creditors to pay debt. Each state has specific exemptions for debtors to protect assets. In some cases you can choose either federal or state or a combination of both. These exemptions are the same whether used in BK or to satisfy a judgment awarded in a lawsuit.
Six years. That does not mean, if you have not received a summons before the six years has expired you are "off the hook" for the debt. If the suit is filed even the day before the SOL expires, you may not receive a court summons until two or ? years later. Sometimes it is possible to defend the suit by charging the creditor did not act in a timely manner, but that's usually a longshot at best.
Yes, Nevada laws pertaining to bank acccount levy and garnishment are rather liberal. Nevada allows th maximum garnishment of 25% of disposable wages with the first $154.50 weekly income being exempt. Garnishment amounts generally at the discretion of the judge as to exact percentage amounts. Bank levy can be executed though an account is held jointly. If it is a marital account because Nevada is a community property state, the entire amount is subject to seizure. The account can be levied only one time, further action will have to be filed again and granted by the court. If the account is held jointly by persons who are not married, the account will be "frozen" and the non-debtor account holder must submit proof to the amount of funds belonging them.
Yes, Nevada allows wage garnishment, but the creditor will have to sue in the appropriate Nevada court. An "abstract of judgment" can be filed in the county recorder's office in the state where the debtor resides. However, this type of judgment can only be used to place lien against real property belonging to the debtor.
Yes, if the company sues the debtor/borrower and wins a judgment, they can execute the judgment as a wage garnishment.
Yes, Nevada can garnish your wages if creditors take you to court. There is a limit on how much a creditor can garnish in the state.
Credit card companies could not garnish a retirement account at one time in Florida.
Yes.
Yes, unfortunately
Yup. Though its usually done by a company that buys debts and then files suit. But yes, absolutely.
no, a credit card company can not garnish your taxes only a federal or state entity can. The CC company could have a lien placed on something of value, so that when that item (house, boat, car, motorcycle, furniture, etc) is sold, they are paid first from the proceeds.
Yes. The garnishment law for Michigan is not to exceed 25% of the person's disposable income.
If you are served with lawsuit papers from a credit card company, contact an attorney immediately. If you wait, your time to answer the petition will expire and depending on the state you live in, that credit card company can obtain a default judgment to garnish your wages or your checking/savings accounts.
No. Texas does not allow creditor wage garnishment, regardless of the amount owed.
credit card
Maybe. In general the laws of the debtor's resident state have to be followed. However, some states have laws which will allow such an action.
No. In the state of Texas a creditor cannot garnish your wages no matter how much is owed.
The state orders the garnishment, not the company, but they can take every penny.