Garnisment per pay check
Date: Sat, 07/29/2006 - 23:23
how much can be garnished per pay check?
There's a lot of rules here..Basically, for a non-federal debt t
There's a lot of rules here..Basically, for a non-federal debt the feceral law is 25% of disposable earnings. For federal debts like child support and back taxes it can be up to 50%. Defaulted student loans can only be garnished up to 15%.
Disposable income is the amount of your paycheck minus your state's taxes and also any voluntary deductions, such as profit sharing, 401k, and IRA withholdings that you might have.
what state do you live in?