[maryanne]

Finally, a piece of good news ( I think) ....I was just informed by Consumer credit counseling Services that it is illegal in the state of NC to garnish wages for anything other than child support or taxes. The collector is breaking the law in NC if they even call and speak to your employer about your personal debt. This is all very new to me and I am still gathering info....but at least it seems NC has one law that is on our side!

[Mary]

Wow, that is interesting! That is great news for those in N.C. THanks for letting us know about that!

~Mary

[beatlemyn02]

NC, SC, PA, and TX are all non-garnishable states.

[Mary]

I only knew about TX. Thanks for that beatlemyn!!

~Mary

[maryanne]

Thanks to you both....still getting through all of this but I feel better to at least be doing something besides getting further in debt!

[landrylou]

Interesting, thanks for the info.

[sgreen1975]

So you're saying that if any of the payday loans I have out attempt to call my employer (I'm in NC), that it's against the law?? That's AWESOME...i was very worried about that..i'm in over my head with these loans, and I didn't want them calling my boss!

[maryanne]

sgreen: that is the way it was told to me by the local branch of the consumer credit counseling Office...they seem VERY down on these lenders and if you need to and haven't done so, you may want to call them. PM me if you need a website address for them-you can do it all online.

[curlycarl]

Wage garnishment and voluntary wage assignment are different. Most of the payday lenders contact the payroll department on the basis of the voluntary wage assignment agreement that they get signed with the agreement paper. Voluntary wage assignment can be cancelled by the debtor any time. It has been noticed that the papers payday lenders use for wage assignment do not meet the legal guideline. Wage assignment contract should always be signed by person, digital signature never works.

Thanks curly...that makes sense!

[maryanne]

Sorry -the guest entry was me and I wanted to be sure I thanked curly. Still getting this forum thing down....

[LCW]

So you're saying that if any of the payday loans I have out attempt to call my employer (I'm in NC), that it's against the law?? That's AWESOME...i was very worried about that..I'm in over my head with these loans, and I didn't want them calling my boss!

That isn't to say they wont try to call, only that if they do they are in violation.Most of these people seem to think they are exempt from the laws and can do what ever they want, hoping people do not know their right or the law. Most people wouldn't take the time to find out, and never say anything, that is why they take the gamble.

[beatlemyn02]

sgreen...they will call. They just cannot legally garnish your wages. They can still file for a judgement, but if you don't have assets and they cannot garnish...it will just be a bad mark on your credit. Judgements and liens can stay on your credit for up to 20 years in some states. Much different than just reporting a bad debt.

My credit card company is trying to take me to court over a $1000 balance. I am working, but cannot afford anything outside of the essentials. I do not own anything, but I will own my vehicle soon. Can they take that from me?

[jcrab1]

I live in PA and was very happy to hear that my wages can't be garnished. Is that the same for a creditor freezing my bank accounts? If they can't garnish, then what can they do? I do own a home.

[lefty832]

I don't know about PA laws but most creditors get a judgment and they then could put a lien on your home.