Article provided by: Holmquist & DickersonIf the Internal Revenue Service is taking money out of your paycheck every week, it may become impossible to pay your other bills. If this happens to you, you had better call someone who's an expert at Maryland garnishment laws. Call us at 410.692.5315 today. We may be able to help.
Wage garnishment is a payroll procedure wherein a part of a debtor/employee's earnings is withheld by his or her employer as payment for a debt owed to a creditor. Maryland garnishment laws limit the amount allowed for garnishment up to 25% of the employee's disposable income, which is the amount of earnings remaining after legal deductions such as federal and state taxes, unemployment insurance, social security, and medical insurance. If you want to have better understanding on your wage garnishment, don't hesitate to inquire about your rights and options. Maryland Wage Garnishment can help you with all the issues that your wage garnishment entails and give you plenty of options in dealing with your situation.
The amount of pay that may be under garnishment is always based on the value of the employee's or the debtor's disposable earnings. Deductions like union dues, contributions to charitable causes, health insurance, voluntary wage assignments, life insurance, payments for payroll advances, savings bonds, as well as purchases of merchandise may not be subtracted from his or her gross earnings upon calculation of the disposable earnings. Wage garnishment is beneficial for creditors but can be very hard to cope with on the part of debtors who have just enough earnings to sustain financial responsibilities. If you want more understanding about Maryland garnishment laws and other issues that may arise when you get served with a wage garnishment, you may turn to Maryland Wage Garnishment for expert help and advice.