General Discussion

FBaggins

(28,774 posts)

49. That's just about what I expected

Tue Sep 23, 2014, 10:30 PM

Sep 2014

It isn't 10% of workers, and it isn't just debt repayment garnishments from banks.

It's 10% of workers in the "prime working ages of 35-44" (which isn't really the prime working ages... but it is the prime divorce and child support ages - see below)

It's primarily for payment of child support - which isn't really the same as a bank taking part of your salary to pay a debt... since federal law requires that states do that for child support. IOW, many of those workers may not even be in debt (apart from the obligation to support their children). I'm sure that we can all agree that this a very different thing than some bank getting a court order to take part of your paycheck for a bad debt.

As is payment of taxes owed.

The "real" figure (the one that's relevant to this thread) is slightly higher than my 2-3% estimate... but not by much.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

87 replies

= new reply since forum marked as read

Highlight:

More Lenders Are �Garnishing Wages� To Get Paid Back [View all] Purveyor Sep 2014 OP

Simple solution: If you're carrying debt, pay it off. badtoworse Sep 2014 #1

Overly simple solution tkmorris Sep 2014 #2

If you're going to lose part of your check to a garnishment,... badtoworse Sep 2014 #5

In other words, choose to pay your debt rather than eat AZ Progressive Sep 2014 #14

If you're dealing with a potential garnishment, a judge will decide how much can be garnished. badtoworse Sep 2014 #20

I know someone that had $2 of her $8.25 wages garnished hobbit709 Sep 2014 #21

There are two sides in a situation like this, which is why a judge makes the call. badtoworse Sep 2014 #24

You're just full of sympathy for the less fortunate aren't you. hobbit709 Sep 2014 #25

It's not just a matter of sympathy; there is also an element of fairness. badtoworse Sep 2014 #28

badtoworse, it�s a pity you lack an understanding of the debt collection racket. ms.smiler Sep 2014 #37

In the end, someone got stuck with a defaulted loan. badtoworse Sep 2014 #52

badtoworse, I�m delighted to discuss these issues with you. ms.smiler Sep 2014 #57

You're overlooking a few points badtoworse Sep 2014 #68

badtoworse, I�m enjoying our discussion, thank you. ms.smiler Sep 2014 #83

You have a lot of misconceptions about debt. I'll respond to a few of them. badtoworse Sep 2014 #84

badtoworse, after hours per day on a daily basis of research into ms.smiler Sep 2014 #85

Citi and other loan-sharks charge and get paid usurious interest on the original loan brentspeak Sep 2014 #67

you want to talk about fairness? How about wages being suppressed for decades, unions being busted, liberal_at_heart Sep 2014 #59

Everything is fair. Judges always make the right call. Nothing bad ever happens. kcr Sep 2014 #62

What an erudite response. What's your solution? badtoworse Sep 2014 #63

Knee cap them. kcr Sep 2014 #65

80% of bankruptcies are because of medical debt riderinthestorm Sep 2014 #71

IOW, no solution. badtoworse Sep 2014 #72

Recognizing a problem is the first step. kcr Sep 2014 #74

Single payer and free college education riderinthestorm Sep 2014 #75

The idea of a fresh start is that in life, closeupready Sep 2014 #77

We already have that. It's called bankruptcy. badtoworse Sep 2014 #79

Okay, so you're just here spoiling for an e-fight. closeupready Sep 2014 #80

What's wrong with bankruptcy? It addresses exactly what you posted. badtoworse Sep 2014 #81

And judges are angels sent our way to help. tecelote Sep 2014 #27

I guess it depends on whose ox is getting gored. badtoworse Sep 2014 #29

True. tecelote Sep 2014 #30

Duh. Two-income homes become one-income homes. closeupready Sep 2014 #16

Paying some of your creditors will not stop your other creditors Mariana Sep 2014 #61

You need to give that lecture to the likes of Donald Trump and Mitt Romney notadmblnd Sep 2014 #33

the only way you'd get them to pay attention would be with a clue by four. hobbit709 Sep 2014 #35

Seriously? People lose jobs, have unexpected expenses, get sick, etc. Hosnon Sep 2014 #7

More accurately, merely a 'simplistic solution'. LanternWaste Sep 2014 #9

you want to know what the simple solution is? notadmblnd Sep 2014 #34

And while you are at it save for retirement upaloopa Sep 2014 #18

Yeah ... you forgot ... 1StrongBlackMan Sep 2014 #31

Manicures gollygee Sep 2014 #44

Or, if you can't pay off loans, don't take out loans bhikkhu Sep 2014 #51

I agree with you - consumer debt and even mortgages are entirely too easy to obtain badtoworse Sep 2014 #53

Extremely accurate post yeoman6987 Sep 2014 #54

You're right. Paint lenders in a bad enough light and the obligation to repay a loan disappears. badtoworse Sep 2014 #69

More simple solutions: Heywood J Sep 2014 #64

Falls under the category of other "simple solutions" such as brentspeak Sep 2014 #66

and if you do get sick, die quickly. burnsei sensei Sep 2014 #76

Siiiiiiiiiiiiiiiiigh . . . winning hearts and minds just like you know how again . . . . HughBeaumont Sep 2014 #70

ALEC rats no doubt Dont call me Shirley Sep 2014 #3

There was a recent thread claiming 10% of wage-earners closeupready Sep 2014 #4

I doubt that you're naive FBaggins Sep 2014 #32

Just for reference, here's the thread I am referring to: closeupready Sep 2014 #36

That's just about what I expected FBaggins Sep 2014 #49

It's not exactly that simple... pipoman Sep 2014 #6

And a lot of people dont show up to court to contest the debt Travis_0004 Sep 2014 #8

one stunt the collection agencies do is not properly notify you of a court date. hobbit709 Sep 2014 #12

A return of service has to be filed with the court pipoman Sep 2014 #43

Exactly. sendero Sep 2014 #26

Yeah, because I totally... bobclark86 Sep 2014 #39

that is a violation of the FDCPA Travis_0004 Sep 2014 #40

Not an option for them, and a lot of people pipoman Sep 2014 #45

coughcoughbullshitcoughcough nt Dreamer Tatum Sep 2014 #82

Yep pipoman Sep 2014 #41

One good thing about TX hobbit709 Sep 2014 #10

Texas also has very good personal bankruptcy exemptions, i.e. your house regardless of value. eom Purveyor Sep 2014 #19

People are encouraged to have child support garnished. tammywammy Sep 2014 #22

"Encouraged" meaning "required by law" since 1994. FBaggins Sep 2014 #50

Same thing here in PA Freddie Sep 2014 #56

Wow!!! Wellstone ruled Sep 2014 #11

It's mostly fear leftstreet Sep 2014 #13

People who fear should be helpful, not hostile, to others being affected AZ Progressive Sep 2014 #15

Either that, or they work in collections themselves. closeupready Sep 2014 #17

Or they are just sadists. BlindTiresias Sep 2014 #42

Don't forget bombs in the Middle East yeoman6987 Sep 2014 #55

Which will no doubt lead them to... Xolodno Sep 2014 #23

Repeal the 2005 bankruptcy reform mb999 Sep 2014 #38

There's a word for this: Brigid Sep 2014 #46

It reminds me gollygee Sep 2014 #48

except in the case of unpaid child support, wage garnishment should be illegal. nt Terra Alta Sep 2014 #47

Many years ago (1970's) I was a Bankruptcy Paralegal HeiressofBickworth Sep 2014 #58

Yes, indeed. Ignoring a problem and hoping it will just go away is not a smart choice. kcr Sep 2014 #73

Most lenders don't go to this extent davidn3600 Sep 2014 #60

I had my wages garnished once. RebelOne Sep 2014 #78

Are there certain companies that are more likely to garnish than others? Wella Sep 2014 #86

a belated k and r niyad Mar 2015 #87