My Wages Have Been Garnished, Is That Legal?

2020-03-09T23:51:15+00:00March 9th, 2020|

Creditors can legally garnish your wages under certain conditions and through court order or judgement. Although there are laws in every state concerning this issue, Federal Law takes precedence. Judgement creditors can garnish your income but are limited to 25% of your earnings after mandatory [...]

What Type of Property Can Be Repossessed by Creditors and How?

2020-01-16T18:38:26+00:00January 16th, 2020|

Okay so, what type of property can you have repossessed? Well, let’s consider the word “Repossession” for a second. The word does suggest re-possession which means that the creditor taking back the property to ‘repossess’ it must have once possessed it in the first-place. Sure, [...]

When Is the Best Time to Consider Bankruptcy?

2019-12-26T18:25:02+00:00December 26th, 2019|

No one really wants to file bankruptcy, it’s kind of like admitting you’ve failed. Still, if you are in a situation where you are borrowing more money just to eat and survive and simultaneously borrowing more money to pay off previous debt, filing for bankruptcy [...]

How Does Unpaid Personal Debt Affect My Social Security Payments?

2019-09-12T21:56:36+00:00September 12th, 2019|

Did you know that there are some types of debt which can result in a reduction of your Social Security benefit payments? It's true. Certain personal delinquent financial obligations (debt) can result in a garnishment of your social security checks, thus reducing your monthly benefit [...]