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It's your wages that get garnished...not the credit card.
Even then, garnishment would normally occur only after many other steps have been taken to collect the debt...and certain legal process done. (Understand too, the cost of any and all actions that are needed to be taken to collect the debt will become your obligation to pay too).
A few states in the US restrict garnished wages to a few types of debts. Specifically, North and South Carolina, Texas and Pennsylvania allow garnished wages only for federal or state tax debts, child support, defaulted student loans that are federally guaranteed, or for compensatory damages decided by a court during a criminal or civil law suit. The exceptions though, not the rule.
What else can I help you with?
Credit card laws in Pennsylvania?
Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Pennsylvania is 4 years. That is usually from the last use or payment.
What is the law for credit card debt?
In the US there are several laws governing credit card debt. Some of the more interesting include that it is unsecured debt so that it may be discharged in bankruptcy, that you must be given an interest free payment window for purchases, and that a card holder's liability is capped at $50 USD for a lost card.
How do the new credit card laws affect students?
The new credit card law called the Credit Card Reform affects students by not letting card issuers lure students in with freebies or offers for a credit card application. This law limits issuing credit cards to people under the age of 21.
What are the credit card debt laws?
The credit card debt laws are agreements and terms in which the user of the credit card is bound by a legal contract with their bank. This contract is usually signed by the user when applying for the credit card. Depending on which bank, different agreements and contracts can vary. If the user breaches any agreements, the bank may have the rights to bring legal charges against the user. Some examples of a credit card law may include, to pay for the installment fee on the credit card. If one fails to do so, the bank will file a lawsuit.
Is it legal for a company to keep your credit card on file?
Yes, it is legal for a company to keep your credit card on file as long as they have your permission to do so and comply with relevant data protection laws.
Can you purchase with credit card with no money in our account?
If you are speaking of using your debit card as a credit card without any money in your checking account the answer is yes until the overdraft reform laws go into effect 7/2010.
What happens to credit card debt after the death of card holder?
This would depend upon the nature of the card holders' estate, whether they had a will, and the laws of their state of residence.
What is statute of limitations for collecting on a unsecured credit card in Illinois?
You'd have to check your state laws.
Is the use of a credit card considered Interstate Commerce?
Well Yes by the true definition Interstate Commerce would be in affect if you use your credit card to make a purchase outside of your own state. If you make a purchase using a credit card within your state, Interstate Commerce Laws would not affect you but may affect the Credit Card Company.
What are the new credit card reform laws?
There is a lot to the new laws. Much of it is good for consumers, but sometimes unintended consequences can result. Hence, the new credit card debt laws can penalize those people who haven't had any trouble with their credit cards previously. They will serve to make the credit card companies more honest about certain business practices. The two linked articles below explain both good and bad points in more detail than can be obtained here.
Does the new credit card law effect companies that extend credit?
Yes. The new laws will affect any credit card company. They do not totally go into effect until Feb. 22, 2010. You can read all about it at the article in the related link as it contains details of both the good and the bad parts of the laws and how they may backfire for responsible users of credit.
How many years can someone be sentenced to for credit card scamming?
The number of years someone can be sentenced to for credit card scamming varies depending on the severity of the crime and the laws in the specific jurisdiction. In general, sentences for credit card fraud can range from a few years to several decades in prison.
