Since self employed person do not have a permanent source of income, their wage cannot be garnished. So the creditor can bring judgment against you to garnish your bank account. If the creditor brings judgment against you to garnish your account, then whenever there is any money gets credited in your account, it will be withdrawn by the bank and deposited with the creditor and this process of garnishment will continue till the time the debt is repaid in full. _________________ Keep in touch
Subject: bank account
Thu Aug 05, 2010 11:55 pm
Can a bank acccount be garnished if it is a joint account with a person not on the creditors hit list. My name is not on the garnishment but my check gets deposited in our account.
Your personal details (name, email address and phone number) will be delivered to the company advertised on the Creditmagic after ve agreed to go for the counseling session by filling out the no-obligation form. However, it is your discretion to accept or reject their services.
Not all the creditors/debt collectors agree to trim down the outstanding balances, interests, and fees payable by the consumer.
Consumers working with the debt relief companies can still be sued by the creditors/collection agencies.
Debt relief services may have a diminishing effect on the creditworthiness of the consumer. The total outstanding balance may increase as the additional fees get accrued.
The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.