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Wage garnishment is a legal procedure where a portion of your earnings are automatically deducted to pay your debt. In some states, creditors may garnish up to 25% of your disposable earnings for child support, spousal support, or other court-ordered payments. Disposable earnings are gross income minus deductions required by law, such as taxes or  … Read more

Yes. If you have filed bankruptcy, you should still apply for a credit card. The credit card issuer will look at your income and expenses. If your income is above the federal poverty level, you should be able to qualify for a credit card. You will also need to be able to make your monthly  … Read more

Fair Debt Collection Practices Act (FDCPA) is a federal law that regulates the debt collection practices by debt collectors. This law applies to all the debt collectors—law firms, businesses, and collection agencies—that collect or attempt to collect consumer debts. According to FDCPA, debt collectors cannot use any unfair or deceptive practices while collecting the debts.  … Read more