Ask Experts Questions for FREE Help !
Ask
    grapevinerunner's Avatar
    grapevinerunner Posts: 9, Reputation: 1
    New Member
    		  
    #1

    Aug 10, 2010, 06:46 AM
    Can they garnish your income if you are self employed?
    If I am self employed can they garinsh my income, all the income I am now getting is paid to me on a misc 1099 form, I have a credit card company telling me they will take my house, and garinsh my income, can they do that?
    smoothy's Avatar
    smoothy Posts: 25,490, Reputation: 2853
    Uber Member
    		  
    #2

    Aug 10, 2010, 07:39 AM

    They can't take your primary residence over a credit card debit... but the courts can garnish bank accounts, and even tax refunds.

    But the credit card company can't take any of it themselves, there has to be a judgement in court they would have to win before they can even file for garnishment.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    Aug 10, 2010, 07:47 AM

    Garnishment refers to salary. So if you aren't being paid wages, there is nothing to garnish. However, if you are getting a regular check even though its 1099 income that could be garnished in some states.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Can a medical facility garnish my social security disibility income [ 1 Answers ]

Greetings, I'm currently on social security disibility ins. I was hospitalized for a water accident a few years ago. I have discontinued my direct deposit and having my check's sent to a p.o. box. Since this is my only source of income, can the institution attach my disibility check? My 2...

How does Virginia DCSE determine gross income when someone is self employed [ 1 Answers ]

THe question has to do with the calculation of child support payments when the non-custodial parent is self-employed and self reports what his or her gross income is without any independent verification.

How can I garnish wages for someone who is self employed? [ 4 Answers ]

I am trying to determine if there is a way to garnish my ex's wages who is self employed in Ohio. He owes over $30K in child support. He owns a wholesale company (he sells goods (pop/snacks) into stores & to the public). The company has been registered in his name only, but he does have a...

Can the government garnish our income tax return? [ 2 Answers ]

I owe restitution to the federal government that has not yet been fully satisfied. My husband and I filed "married filing jointly" for our tax refund. Can our tax refund be "garnished" to satisfy this debt? We live in Texas.

Garnish income tax refund? [ 4 Answers ]

My bank account has been garnished. Can they also garnish an income tax refund due me? My taxes are due soon, and I'm not sure whether I should file for another extension, or what I can do to prevent the refund being garnished. Thanks, Lil

View more questions Search