July 24, 2017

How Long Will Creditors Try to Collect on a Judgment?

In my ongoing series of blog posts about debt collection, garnishments, judgments, and how to rebound from financial setbacks I am asked lots of questions. One reader asked what happens when you've proven to the sheriff that all your property is exempt from the judgment. She said, "Do they hawk you for years waiting for your financial situation to improve? What happens if you win the lottery … [Read more...]

Wage Garnishment in North Carolina: on the way?

In many states, judgment creditors can satisfy judgments by requiring the debtor’s employer to withhold a portion of the debtor’s wages to be applied to the judgment. This has not been the case in North Carolina because North Carolina General Statute §1-362 provided that earnings within 60 days prior to a garnishment order could not be reached by the creditor. This effectively prevented wage … [Read more...]