Walk It Through: The Judgment
25 percent of a week's pay at most, a householder's exemption, and a $10,000 vehicle.
A card company wins a judgment against a cook and moves to garnish the cook's pay.
Two things a person in this spot might do. Picking one shows what the law says about it.
One judgment and one cook. Support garnishment, the steps to claim an exemption, and secured debts are not worked through here.
A practice walkthrough, not a prediction of how any real one will go. Legal information, not legal advice.
Words this turns on
Terms with a legal meaning that is narrower than the everyday one. Each links to the definition and the authority behind it.
- GarnishmentTaking part of a debtor's pay for a debt, limited for an ordinary debt to the lesser of 25 percent of a week's disposable earnings or the amount by which they exceed 40 times the minimum hourly wage.
- Homestead exemptionA householder's exemption, from property of their choosing including money, of up to $5,000, or $10,000 at 65 or older, plus up to $50,000 in a principal residence.