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Question

can a credit card company garnish your wages   if yes to what percent    i live in iowa

Submitted: 252 days and 10 hours ago.
Category: Legal
Value: $30
Status: AWAITING CUSTOMER ACTION
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Posted by INFOLAWYER 252 days and 10 hours ago.

Info Request

Is there a judgment?

251 days and 7 hours ago.

Reply

not yet. but they are threatning to get one

Answer

They cannot garnish wages without a judgment, Once there is a judgment, the creditor can garnish wages. In iowa,

Garnishments last for seventy days. The maximum part of an individual's aggregate disposable earnings for the workweek that is subject to garnishment in Indiana is the lesser of:

1. 25% of the disposable earnings; or

2. The amount of the disposable earnings that exceed 40 times the federal minimum hourly wage.

There is a sliding scale per creditor (not per judgment) ranging from $250 to 10% of annual wages, depending on annual wages.

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Expert: INFOLAWYER
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Answered: 3/15/2009

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