wage assignment

I think it depends on your state law. Most states set a maximun percentage that can be garnished from a persons check.

Garnishments are federally mandated. For a consumer debt only one at a time can be garnished. The max allowed for consumer debts in all states except for Texas, Pa, and the Carolinas(garnishments for consumer debts are illegal in these states) is 25% of your disposable income..which is after taxes and any voluntary deductions you might have.

One at a time, as fins said, is correct. I learned this the hard way. Had a guy with almost perfect credit take a loan, he never made a single payment on it. We kept calling and he finally told us "do what you need to do, I'm not gonna pay it." We ended up suing him and sent a wage order to the employer. The payroll lady was nice enough to call us, she said "Just so you know, it's gonna be about 16 years before you get anything. He's got $600/month in child support coming out already, and his kid just turned two."

Well, I guess by that time the debt would reach it's SOL. Right?

It would depend on what state it was in, but generally speaking, judgements have long shelf lives, plus the potential to renew.

But he'd have plenty of time to file BK...

SOL's are confusing to me, I understand every state has different laws regarding them and what type of debt, etc......I stay away from any question asking SOLs....I don't know a thing about them.

I do the same, Steelers - I don't know about SOL's and you're right, they're terribly confusing, so I don't answer those questions, because I know darn well I'd be wrong. SOL is touchy, what with all the stuff you read about any payment restarting the SOL, etc.