That sinking feeling in your stomach is all too real. You opened your mail and found a "Notice of Garnishment," or worse, you just looked at your paycheck and a huge chunk of your hard-earned money is simply... gone. A wage garnishment is one of the most aggressive and humiliating collection tools a creditor can [...]
If you can’t pay the money you owe, creditors may take steps to garnish your wages and withdraw money directly from your paycheck. In most situations, both federal and Ohio state laws limit garnishment to 25% of your wages, and most creditors must file a collections lawsuit in court and receive a monetary judgment first. [...]
If you owe money and your creditor gets a judgment against you, that creditor can garnish your wages to receive either 25% of your disposable earnings or your disposable earnings less 30 times the current federal minimum wage. Under some circumstances, a creditor may be able to take more. Not only will this leave you [...]
