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What is the maximum they can take out of your paycheck each week for a judgment?
Wiki User
∙ 15y ago
This differs from state to state. Each state has laws that give judgment debtors certain monetary allowances for food, clothing, housing, etc. These allowances are totalled and anything over that amount can be taken. You must check the laws of your state to see how much of an allowance you get for each item in order to see how much of your pay you can keep.
Wiki User
∙ 15y ago
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What if your paycheck each week is 500.00 if you want to save 2000.00 in one year how much would you have to set aside if you were have to take out your paycheck each week?
Assuming you get paid $500 every week, you would need to set aside $38.47 out of every paycheck in order to have $2,000 in exactly one year.
If you don't pay a judgment can they take your house The credit card is in one person's name and the house is in both?
You have a judgment concerning a credit card? They can take your paycheck. They might put a lien against your bank account. They probably won't take your house. You surely don't owe them that much money. They do the other stuff first.
Garnishment from credit card company and have now been notified you have another judgment and they are also going garnish your wages can they do this?
As long as they have a court order of a judgment against you - yes they can. There are limits though as to how much they can take out of your paycheck. In most states that is 10% of the gross pay.
how many garnishements are allowed to be taked from a person at one time?
If the court places a judgment against a person, a garnishment can take place, there is no limit. It is possible for a person to have his/her entire paycheck garnished.
can a collection agency for a credit card put a lein on my house or take money out of my bank?
They will need to sue you and get a judgment against you first. After that, yes they can do those things, including garnish your paycheck.
Can a parent take a minor child's paycheck?
Why would a minor child have a paycheck?
Does a 14 year old have to have taxes deducted from check?
From his gross pay YES. When you have your net take home paycheck in your hand you do NOT have any thing taken out of your net take home paycheck or withheld from your net take home paycheck.
What does it mean to claim zero allowances on the w 4 form?
Claiming zero allowances on your w4 means that the Government will take the maximum amount of taxes possible from your check each paycheck. This ensures that you will get a refund at tax time but it means that the government is holding on to some of your money all year until tax time rolls around. Only do this if you owe money to the IRS and want them to hold on to more money as a no-hassle way of making small payments to the IRS each paycheck.
What does it mean to claim zero allowances on the w-4 form?
Claiming zero allowances on your w4 means that the Government will take the maximum amount of taxes possible from your check each paycheck. This ensures that you will get a refund at tax time but it means that the government is holding on to some of your money all year until tax time rolls around. Only do this if you owe money to the IRS and want them to hold on to more money as a no-hassle way of making small payments to the IRS each paycheck.
What does it mean to claim one on the w-4 form?
Claiming zero allowances on your w4 means that the Government will take the maximum amount of taxes possible from your check each paycheck. This ensures that you will get a refund at tax time but it means that the government is holding on to some of your money all year until tax time rolls around. Only do this if you owe money to the IRS and want them to hold on to more money as a no-hassle way of making small payments to the IRS each paycheck.
What is takehome pay?
Your paycheck after taxes "what you take home".
Can your paycheck be garnished if you have a collection account?
Certainly in the UK it can. I believe you need to give permission for it unless there is a court order give in which case there is nothing you can do about it. I think there is a maximum that they can take however. All to do with the bare minimum you need to live on.
