When an employee defaults on debt or gets behind on other financial obligations, their creditors or other interested parties can take action, such as initiating a lawsuit or pursuing wage garnishment.

With that in mind, read on to learn more about how wage garnishment works and tips to avoid emptying your bank account. [See: What to Do If You've Fallen (Way) Behind on Your Credit Card Payments.] ...

If you are facing lawsuits from creditors or debt collectors and have recently noticed that your paycheck is smaller than usual, you might be facing an issue with wage garnishment. This process occurs ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. Losing your job can make it tough to keep ...

Federal law shields your Social Security benefits from being garnished by most creditors, but not all of them.

Millions of Americans’ wages are garnished every year, meaning most employers have processed at least one wage garnishment. Creditors and financial institutions now use wage garnishments to collect on ...