Legal Question in Credit and Debt Law in Florida
How many credit card companies can garnish your wages at one time?
Asked on 3/15/14, 11:30 am
1 Answer from Attorneys
William Gwaltney
William W. Gwaltney, Attorneys at Law
Any judgment creditor can file a Writ of Garnishment and if you are not entitled to, and/or do not exercise, any exemptions, they will likely obtain some amount of garnishment, if your net income is sufficient. There is technically no limit on the number of garnishments that can be in place. However, the total of all garnishments can not exceed 25% of your net pay, if the debt is the result of a judgment.
Keep in mind, in Florida, the only way any entity (other than the IRS/Federal Govt) can garnish you wages is they must first obtain a judgment against you. Even then, you may be entitled to certain protections from garnishment by law.
Answered on 3/18/14, 12:27 pm