Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn’t affect our editors’ opinions or evaluations.
Find Out If You Qualify For Debt Relief
Free, No-commitment Estimate
Falling behind on loan payments, credit cards and other financial obligations can hurt your credit score if late payments are reported to the credit bureaus. There may be other consequences as well if your creditor decides to sue you for an unpaid debt. These consequences can include bank account levies, liens and wage garnishments.
Wage garnishment is a legal procedure in which someones earnings are withheld to pay outstanding debt. You cant be fired for having a wage garnishment in place, but it can pu…
Read the full article at: https://www.forbes.com/advisor/debt-relief/can-credit-card-companies-garnish-wages/
