Wage Garnishment VS. Other Debt Collection Methods
Prioritizing honesty and resilience when engaging in debt collection interactions is essential to fostering trust and securing positive resolutions. Furthermore, clear communication through concise language must always be ensured. So, besides wage garnishment here are some other debt collection methods that you can use.
Debt collectors must abide by federal law when collecting debts; this includes making false statements or swearing falsely, making threats that could illegally damage property or your health, or making contact with persons other than yourself (with certain exceptions). They also need to verify your debt.
What is a Wage Garnishment Order?
A wage garnishment order is a legal process that allows creditors to collect debts directly from a debtor’s paycheck. When a creditor obtains a court order, a portion of the debtor’s earnings and federal benefits are withheld by the employer and sent to the creditor until the debt is paid off. If a debt collector is trying to collect more than one debt from you, the collector must apply any payment you make to the debt you choose
This method is often used for unpaid debts such as child support, back taxes, or other court-ordered payments. Under the Consumer Credit Protection Act, there are limits on the amount that can be garnished, ensuring that debtors retain enough supplemental security income to meet their basic living expenses.