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The money will be given to Creditor. This process will continue for 6 months unless your debt is paid off before that.
NC General Statutes do not allow the Department to require more than 10% of monthly gross salaries and wages to be deducted from paychecks. Other types of payments, such as contract payments, are not subject to the 10% limitation.
The Colorado Wage Garnishment Process The creditor brings a lawsuit. Consumer creditors must sue you before they can get a garnishment order. You have 21 days to answer the lawsuit unless youre sued in small claims court. You need to file your answer with the court within 21 days.
You can also stop most garnishments by filing for bankruptcy. Your states exemption laws determine the amount of income youll be able to keep.
Limits on Wage Garnishment in Colorado Colorado law permits creditors to garnish the lesser of: 20% of your disposable earnings for that week, or. the amount of your disposable earnings for the week that exceeds 40 times the state or federal minimum wage.
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Send a sealed (stamped) copy of the garnishee order to the garnishee (for example, the other partys bank). You do not have to give a copy to the judgment debtor. If you are serving a garnishee order on a bank, you should contact the bank to find out their address for service of legal documents.
A writ of continuing garnishment serves as a lien and continuing levy against the nonexempt earnings of the judgment debtor, until such time earnings are no longer due; the underlying judgment is vacated, modified or satisfied in full; or the writ is dismissed.
The letter will say that a court or government agency is requiring you to withhold part of an employees salary or wages until the debt is paid off.
Unfortunately, your credit will most likely suffer if your wages get garnished, although the actual wage garnishment isnt really the problem. Its the court judgement to garnish your wages thats a matter of public record and usually shows up on your credit report.
Most garnishments affect defendants wages. For example, a court might garnish a defendants wages to pay child support, student loans, or back taxes.

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