Soap Lady, garnishment question
Date: Sat, 01/22/2011 - 16:52
Soap Lady,, I have private loans. 8 of them, (Wells fargo, loan to learn, citibank,) They have gone into default. I am being sued for wage garnishment. 25% of my salary. How many loans can sue me at a time? How long can each lender garnish my wages for? Seems like I read something like 10 years?
Just wondering how bad this is....
Just wondering how bad this is....
THey do not sue you for garnishment specifically. They will al
THey do not sue you for garnishment specifically. They will all indivually sue you and win a judgment first. There is no limit as to how many can you you. Then they can persue garnishment and bank levies...however only one at a time can garnish you.
Depending on your state law, judgments are renewable for up to 20 years.