October 18, 2017

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...]

How Debts are Collected in North Carolina

You may know that North Carolina law allows judgment creditors to collect judgments owed to them in certain ways and under certain circumstances, and that these laws vary from state to state. You may also know that North Carolina does not allow wage garnishment for consumer debts (credit cards, auto loans, mortgages, and the like) or for many private business debts (money owed to vendors, banks, … [Read more...]