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You must pay your debts on time.

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14y ago

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Related Questions

If you owe your former boss money can he take it out of your profit sharing?

If you owe it to him personally, then no. If you owe it actually to the company, then yes.


How much will you owe if you made 41000 and single with 2 dependents?

No one can answer since that is effected by all your deductions but if you claimed the correct amount from employer (deductions) you should not owe.


Can your employer deduct wages to pay off a debt you owe your employer?

Yes, an employer can deduct wages to pay off a debt you owe them, but this is subject to certain legal regulations. Generally, the employer must obtain your consent to make such deductions, and there are limits on how much can be deducted from your wages. Additionally, specific laws may vary by jurisdiction, so it's important to review local labor laws for any restrictions or requirements.


Can your employer hold your check if you owe them money?

Unless you have some contractual agreement with them that they will deduct from your pay each week X amount for a cash advance on your paycheck, no, typically your employer will have to pay you any wages to which you are entitled and seek the appropriate relief for whatever you owe them, e.g. sue you separately.


Can a creditor send information to your employer regarding a debt you owe?

No, it is a violation of the Fair Debt Collection Practices Act.


How can I sue for back wages?

Dear sir or madam, When you agree to work for an employer you are entering into a contract to provide service in return for money. If your employer refuses to pay you the agreed wages you are entitled to sue them for "Action on Debt". In plain speak, you've done the work, they owe you the money, and the courts will order them, under pain of jail, to pay you. I would suggest visiting your local court and asking to speak to the "duty lawyer". Most courts have a resident lawyer who will advise you free of charge. Best of luck. You need not sue or spend a dime to compel payment wages you are owed. Your state employment commission will investigate whether you are owed and will order the employer to pay promptly. The commission will sue if the employer fails.


Can you Cash out a pension plan when no longer employed?

If it is a traditional pension plan, it depends on the terms of the plan. Call your former employer or look through the plan documents to find out. If it is a plan like a 401k, then you should be able to obtain the money after you leave your employer. Remember that you will pay taxes on the distribution plus possibly and additional penalty of 10%. Your employer will withhold 20% but the chances are good that you will owe a lot more when you fill out your tax return at the end of the year.


Is a university required by law to send a transcript to my employer even though i owe the university money?

no they are not they are just being jerks


Is a university required by law to send a transcript to your employer even though you owe the university money?

Nope. Pay your bills.


What type of account are Wages payable?

it's a liability account, it is use to record the amount of money employer owe to employee


In order to compute the income taxes you owe the federal government this year your employer is required to give you?

You need a W-2 form.


Is your employer responsible for taxing you corectly?

Your employer is responsible for collecting the correct amount of Social Security and Medicare taxes. Your employer is also responsible for withholding the amount that should be withheld based on the W-4 form that you filled out and gave him. You control the amount to be withheld based on what you put down on the W-4 form. This is rarely, if ever, the actual amount of tax you owe. If the withholding is not enough to cover the taxes you owe or if the employer fails to withhold taxes, you are still responsible for paying them directly to the government.