Legal Question in Credit and Debt Law in New York

credit card collection

If I owe numerous credit card companies money can they garnish my wages and how much can they seperatly or combined take out of my salarie?


Asked on 2/25/04, 1:59 pm

1 Answer from Attorneys

Guy Lewit Guy Mitchell Lewit, Esq.

Re: credit card collection

garnishment is a post judgment process so they have to sue you first. Under NY law, only one garnishment can take place at a time. THey can get 10% of your GROSS salary per pay period. Note that judgments accrue interest at 9% while they remain unpaid. Try to make deals and keep to them.

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Answered on 2/27/04, 7:52 am


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