Garnishing the Income of the Self-Employed

Posted by on Mar 11, 2011 in Bankruptcy, Consumer Debt, Debt Collections Defense, Employment, News | 0 comments Most of us have heard of the concept of wage garnishment, but few of us really understand how the concept works. First, only wages can be garnished and those who are self-employed clearly do not have “wages.” Instead, these individuals have income which creditors can still obtain. Unfortunately, creditors may seek to employ more intrusive processes than an ordinary wage garnishment to get...
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Wage Garnishment for Self-Employed Individuals and Business Owners

Posted by on Feb 24, 2011 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 0 comments For those individuals who do not have a “job” but are instead self-employed or sole proprietors, then your creditors who have obtained judgments against you cannot garnish your wages – you have none! However, there are several ways, sometimes more intrusive than an ordinary wage garnishment, a creditor with a judgment against you can get his or her money from you. First, your creditor can...
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