Debtors are sometimes unable to fully settle the amounts they owe to their creditors. In such cases, the creditor may take drastic steps and file a law suit against the debtor. This is done in a bid to recover his money. In so doing, the courts will usually order a garnishment toward the debtor. This will assure the creditor gets his money albeit over a longer period. However this method has had a bitter reception and there are plots to stop garnishment today San Francisco CA.
The procedure of garnishment involves deducting income from the defendant. This is inclusive of all income, including wages and salaries. These deductions are invoked by a court order as a result of a case against a debtor. The funds are deducted until the total amount due is paid off, including any and all interest charges and other sundry costs involved.
Most people in society as well as those entangled in such court battles depend on a single paycheck for their livelihood. As such funds are deducted as a natural deduction such as tax and levies would be. The court and creditor usually communicate this to the debtor's employer. He is instructed to slash off a certain amount from his payroll and send it to the creditor until notice is given to cease.
Various debts have been allowed by law to attract a garnishment sentence if the borrower is unable to pay up his dues. The common types that warrant for this type of judgment include failure to pay child support money, failure to commit in paying the accrued student loans, failure to repay backlogged taxes both federal and local. Legal fees and fines in court attract the same ruling.
Another major reason that causes garnishment is credit card debt. Garnishment is however used as a last resort. Initial steps usually involve selling the debt to various debt collection companies. If this fails, other measures may be sought. If all do not bear fruit, the credit card company may sue the card holder for defaulting, and this will usually lead the court to authorize summons on the card holder's account.
This method of getting people to pay their dues back has been termed as barbaric and archaic. It has been shot down by common men and law professionals alike. There are a lot of scholars trying to come up with new measures of how to settle such disputes without having to embarrass a debtor, as is the case with garnishing.
Filing for bankruptcy is a method being advocated for by lawyers to avoid summons. It can also be used to cease the collection of income. The procedure has to be done correctly and carefully. Requesting a negotiation with the creditor is another method that has shown positive results and will often result in elimination of the summons.
Garnishment has for a long time been viewed as being the most effective way of getting a debtor to pay off their dues. The method has however received quite some bashing from various circles. These same people are looking for more humane ways to replace this method. They are also staging campaigns to put a stop to garnishment today in San Fransisco CA.
The procedure of garnishment involves deducting income from the defendant. This is inclusive of all income, including wages and salaries. These deductions are invoked by a court order as a result of a case against a debtor. The funds are deducted until the total amount due is paid off, including any and all interest charges and other sundry costs involved.
Most people in society as well as those entangled in such court battles depend on a single paycheck for their livelihood. As such funds are deducted as a natural deduction such as tax and levies would be. The court and creditor usually communicate this to the debtor's employer. He is instructed to slash off a certain amount from his payroll and send it to the creditor until notice is given to cease.
Various debts have been allowed by law to attract a garnishment sentence if the borrower is unable to pay up his dues. The common types that warrant for this type of judgment include failure to pay child support money, failure to commit in paying the accrued student loans, failure to repay backlogged taxes both federal and local. Legal fees and fines in court attract the same ruling.
Another major reason that causes garnishment is credit card debt. Garnishment is however used as a last resort. Initial steps usually involve selling the debt to various debt collection companies. If this fails, other measures may be sought. If all do not bear fruit, the credit card company may sue the card holder for defaulting, and this will usually lead the court to authorize summons on the card holder's account.
This method of getting people to pay their dues back has been termed as barbaric and archaic. It has been shot down by common men and law professionals alike. There are a lot of scholars trying to come up with new measures of how to settle such disputes without having to embarrass a debtor, as is the case with garnishing.
Filing for bankruptcy is a method being advocated for by lawyers to avoid summons. It can also be used to cease the collection of income. The procedure has to be done correctly and carefully. Requesting a negotiation with the creditor is another method that has shown positive results and will often result in elimination of the summons.
Garnishment has for a long time been viewed as being the most effective way of getting a debtor to pay off their dues. The method has however received quite some bashing from various circles. These same people are looking for more humane ways to replace this method. They are also staging campaigns to put a stop to garnishment today in San Fransisco CA.