Four Things To Know About Medical Bills And Wage Garnishment

Medical bills can be a major financial hardship for many people. Wage garnishment is an even greater burden, with taxes taken out of your weekly paychecks to cover the debt you owe. It's important to understand both medical bills and wage garnishment in order to protect yourself from being taken advantage of financially. Here are four things you should know about medical bills and wage garnishment:

First, it’s important to realize that there are laws in place which limit how much money can be taken from your paycheck. The amount of money that can be taken depends on the state where you live; generally it is around 25% or less of your disposable income, but check with your state laws for specifics. Additionally, creditors cannot take more than what is necessary to cover the cost of collection fees and the debt itself.

The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.

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