Court Judgments Could Mean Pay Garnishment
Summary: While some creditors may give you some leeway due to sympathy over a serious life issue, eventually the collections activity will become aggressive. Business is business, and at the end of the day, they want their money.
"Finding a way to have the debt satisfied may not take long on [the creditor's] part if you have a job. Up to 25 percent of your disposable income can be garnished, and your employer must comply by court order. If that is not effective or they choose a different route, the creditor or debt collections agency may seize property or freeze your bank accounts."
Read the entire article on the official Fitzgerald & Campbell, APLC blog.
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