Wage garnishment laws in Pennsylvania - not so fast
Q: I live in Pennsylvania, can you explain what the wage garnishment policy is here? I carry several thousands on my Visa, and last week received the letter standing that account is closed and I am given three months to pay it in full. When I called them yesterday to express my opinion, I mentioned that I may just decide not to pay. My credit is not of any importance at this point, since I am about to retire in couple years. The bank rep got audibly upset and said they may garnish my wages.
A: If you both, live and work in Pennsylvania and are facing a credit card or a debt collection lawsuit, your wages pretty much can not be garnished, according to Pennsylvania law - if the lawsuit is filed in Pennsylvania. But your bank account, including wages that are deposited there, can very well be garnished if Bank of America obtains a judgment against you.
There are may be five, rather limited situations where wage garnishment is legal in Pennsylvania,
- for judgments regarding spousal or child support
- for failure to pay PHEAA student loans
- for room and board for 4 weeks or less
- for back rent on a residential lease
- for obligations relating to a final divorce distribution
What happens if a lawsuit is filed in another state? You may want to consult a local attorney.
Tue Apr 14, 2009 04:04PM | Copyright: www.bad-credit-advisor.com | More in Personal Finance | Comments (0)
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