answersLogoWhite

0


Best Answer

1) your wages may be "garnished" by a creditor through a legal procedure. 2) YES, if the garnishment procedure determines your wages are adequate to have multiple forced payments deducted (while you still can sustain a basic standard of living - reflected by the legal procedure), then you can have multiple garnishments (ie. by multiple creditors - a single creditor only would do the garnishment procedure once for multiple accounts you might have with them) against your wages.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can two creditors put a lien on your wages at the same time?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

Can you place a lien against an executor of an estate in which they owe money to you?

If you are owed money by the decedent you must file a claim with the court during the time period allowed for claims by creditors.


Could a credit levy and garnish your wages at the same time?

Can a collection agency already garnishing you also levy your wages


What action can a credit card company take on unpaid credit cards?

They can sue you, the results can lead to jail time for fraud or allow them to place a lien on property or to garnish wages. They can place a lien on property (depends on the agreement you signed). They can make an adverse entry in the credit reports.


Can wages in Oklahoma be garnished by Oklahoma tax commission and a payday loan at the same time?

No. Wages may only be garnished by government entities in the state of Oklahoma. However, if the payday loan company took the time to obtain a judgement against the debtor, that judgement may be enforced through garnishing (but through the courts, not by the payday loan providers). One can, however, have multiple government agencies garnishing wages at the same time.


Can both a judgment lien be placed on home and wages garnished at the same time in Colorado?

As always I would suggest you do some of the footwork yourself insofar as research. In New Jersey, once they obtain the judgment against an individual they then go after the debtors wages. Once the judgment is paid in full, it can be marked satisfied and filed with the courts. The judgment (here in jersey) is entered, which starts the ball rolling towards garnishing an individuals wages. Once it's paid off, the attorney can file a Warrant to Satisfy Judgment, and they should remove the lien. At least this is my understanding of it. Once it's paid, make sure to get a copy of the filed documents stating that the judgment was paid and that it's free and clear. If you were to buy a house later they do a judgment search and you'll have to prove that it was paid before closing.

Related questions

Can IRS file a tax lien at the same time garnishing the wages?

Yes, they can place a tax lien at the same time. That helps guarantee that they get paid.


When a lien is filed on a property in Oregon can you contest it?

The time to contest a creditors claim of an unpaid debt is when and the creditor has sued you for the debt and the matter is in court for the hearing. If you miss your opportunity to defend against their claim, the judgment will usually be in the creditor's favor and the court will issue a judgment lien. Once the lien is issued and recorded in the land records you cannot sell or mortgage your property until the lien is paid.The time to contest a creditors claim of an unpaid debt is when and the creditor has sued you for the debt and the matter is in court for the hearing. If you miss your opportunity to defend against their claim, the judgment will usually be in the creditor's favor and the court will issue a judgment lien. Once the lien is issued and recorded in the land records you cannot sell or mortgage your property until the lien is paid.The time to contest a creditors claim of an unpaid debt is when and the creditor has sued you for the debt and the matter is in court for the hearing. If you miss your opportunity to defend against their claim, the judgment will usually be in the creditor's favor and the court will issue a judgment lien. Once the lien is issued and recorded in the land records you cannot sell or mortgage your property until the lien is paid.The time to contest a creditors claim of an unpaid debt is when and the creditor has sued you for the debt and the matter is in court for the hearing. If you miss your opportunity to defend against their claim, the judgment will usually be in the creditor's favor and the court will issue a judgment lien. Once the lien is issued and recorded in the land records you cannot sell or mortgage your property until the lien is paid.


What is the purpose of a lien being placed against real property?

A lien prevents the property from being sold without paying off the creditor. After a certain period of time, it is possible to foreclose on the property, sell it, and collect the amount of the lien, the balance going to the property owner or other creditors.


How many different garnishments can go against your wages at the same time?

There can only be one garnishment against your wages at a time.


Can you place a lien against an executor of an estate in which they owe money to you?

If you are owed money by the decedent you must file a claim with the court during the time period allowed for claims by creditors.


Can a involuntary lien lead to wage garnishment?

No. The lien holder would have to go to court and ask for a garnishment. He can keep the lien at the same time until all the amount is paid.


Whats the most that can happen to you in the state of Illinois when your car is reposessed?

Most?? Your wages can be garnisheed, a lien attached to other personal property you own. NO JAIL time...


Can a creditor put a lien on my federal income tax refund?

A creditor can put a lien on federal income tax refunds and usually will when the debt is that of a student loan or child support. Other creditors can if the right paperwork is filed within a specified time frame to the IRS.


Could a credit levy and garnish your wages at the same time?

Can a collection agency already garnishing you also levy your wages


Are pay and wages the same or the opposite?

The words pay and wages are synonyms, words that mean about the same thing.Wages are one type of pay or compensation for work. Another is salary. The typical use of "wages" is to mean pay based on time worked, such as hourly or daily wages.


Can wages and Income tax be garnished at the same time for student loans?

yes and no


Can your wages be garnished from two different employers if one is garnished for 25 percent already in Arizona?

The only time wages can be have garnishments running concurrently is if one of the garnishments is for court ordered child support or spousal maintenance. Although in certain situations judges can allow separate creditors to garnish dual incomes, but not a dual garnishment by the same creditor.