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Wage Garnishment Archives

Wage garnishment and protection from impoverishment

Tennessee residents are by no means immune to the economic strife and financial strains many others throughout the nation have experienced in recent years. Anyone who follows news concerning consumerism in America is likely aware that credit card debt is a major source of trouble in most states. In certain situations, a wage garnishment order may be issued as a means of collecting payment for debt.

Student loan debt could lead to wage garnishment

For many Tennessee residents, earning a college degree is an accomplishment that is tinged with a measure of anxiety. While statistics still show that people with a college education make more than those who choose a different path, there is also concern about a shifting job market and economic instability. Many students have to rely on student loans to pay for college, and repaying those loans can be a challenge as they search for gainful employment after graduation. For those who eventually default on their loans, wage garnishment is a real concern.

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