Legal Question in Civil Litigation in Indiana

How much can a persons income be garnished if they make 5400.00 monthly and the judgement is 7.5 million


Asked on 1/12/14, 11:32 am

1 Answer from Attorneys
Burton Padove Indiana and Illinois Lawyer, Burton A. Padove

The entire judgment may be collectable. In Indiana, wage garnishment is allowed under Indiana Code Title 34, Article 25, Chapter 3: Garnishment, and IC 24-4.5-5-105, and federal law 15 U.S.C. 1673(a). If the judgment-creditor is aware of the debtor�s place of employment, it may seek wage garnishment. The garnishment applies to 25% of the debtor�s net take home pay, (i.e., gross pay less Statutory required deductions, such as income tax, social security etc.)

Read more
Answered on 1/12/14, 12:43 pm


Related Questions & Answers

More General Civil Litigation questions and answers in Indiana