Credit card and wage garnishment
Hi. I have been notified by Chase that they are going to take me to court for the credit card, I haven't been able to pay. I was notified by a notecard in the mail. They jacked up the interest rate, so I can't even afford the minimum payments. I have been seeking information about wage garnishment. My home is only in my name, and I have had a significant loss of income (make about 1/3 of what I was making). Of course, I am going to make my house payment and car payment before my credit card. After making my house payment, and car payment.. I am left with about 400.00 of disposable income, which would need to be for both utilities and food. My question:
Would they garnish my wages, if my cash flow didn't allow it? Would the law allow them to prevent me from paying my house first, and require me to pay off the creditor first, causing me into foreclosure?
Thanks