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    Kahunaz's Avatar
    Kahunaz Posts: 2, Reputation: 1
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    #1

    Apr 24, 2009, 10:50 AM
    A credit card garnishment
    The company got a judgement and are currently garnishing wages, my question is... say the judgement amount id $9500.. and with fees and court costs it's at $10,700 and 7% on the time it takes to pay it. Back... So we have paid the $9500 back... Can I request my employer to stop the with holding? Now?. or after the $10,700.. Please let me know
    Lowtax4eva's Avatar
    Lowtax4eva Posts: 2,467, Reputation: 190
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    #2

    Apr 24, 2009, 01:24 PM

    Well you would have to wait till you pay back the 10,700 (plus interest... 7% per year I assume?) before the garnishment will end. I don't think you can actually even ask them to stop the garnishment, it simply is stopped on it's own once you have paid back the amount owed.
    Kahunaz's Avatar
    Kahunaz Posts: 2, Reputation: 1
    New Member
    		  
    #3

    Apr 24, 2009, 02:03 PM
    Thanks for the info. Will we get some kind of document to say it has been satisfied. Will it make my credit better now that it has been paid.
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