Kentucky Justice On The Web. Wage Garnishment. You can find an exceptions that are few
Do i must be sued first, before my earnings could be garnished? In many instances, yes. Creditors such as for instance hospitals, health practitioners, credit loan or card organizations or banking institutions must register a lawsuit against you and obtain a judgment before your earnings may be garnished.
You will find an exceptions that are few including some income tax and education loan situations, where the federal government can garnish your revenue without first going to trial. In such a circumstance, you may possibly need to look for legal services.
What sort of income could be garnished? A percentage of one’s profits can be garnished. “Earnings” include: wages, commissions, lease received, or any other income such as for example dividends. Generally speaking, Social protection, SSI, Veterans benefits, and Railroad pension is not garnished, nor can certain kinds of civil solution, army and retirement advantages. Kid support you obtain is not garnished.
If you have arranged having a bank for the direct deposit of funds from Social protection or the V.A., or have actually put these government advantages into the account, these advantages cannot lawfully be garnished or seized. Make sure to inform your creditor, its lawyer, and/or the Judge in case your banking account has funds from government advantages; otherwise, these could be taken in error.
Just how much could be garnished? There was a formula creditors must follow.