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Posts Tagged ‘Debt Collecting’

 

Can a debt collecting agency garnish funds from your checking account?

Thursday, April 16th, 2009
denimcap asked:


I have some old debts hanging out there, under 5,000. I’m planning on opening my first checking account in a while. Could my undead debt collectors dip into my account, and if so how much could they take (I read somewhere 10%, though I think that only applied to wage garnishment)?