Does wage garnishment lower your credit score in NY?

In New York, the actual garnishing of wages will not really affect your credit score, in fact it does not really show up. The thing that will affect your credit score will be the events that occurred up to the wage garnishment. Wage garnishment NY is never a good thing and is something that no one will ever really want to face. It leads to people knowing about your personal issues and can in fact lead to problems at work if it were to occur multiple times in the same year.

Rules On Wage Garnishment In New York

Each state has their own rules and limits on wage garnishment. In New York, here are the guidelines:

• The amount of garnishment shall not exceed 10 percent of your total income.
• This amount increases to 25 percent if it is in the event it is for alimony, child support or maintenance.
• The requests for garnishment are execute by the sheriff in the order they are received with alimony and child support taking priority.

Make sure to do all you can to avoid garnishment and to be able to keep your employers not involved.

Seek Legal Advice

A lawyer will be able to advise you what to do in the event you are facing a wage garnishment. They can help you to avoid the proceedings and explain how you can pay without having your employers involved. There are many attorneys who have experience in this field.