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Experiencing a wage garnishment can be an unsettling and stressful situation. If you've recently received notice that the Internal Revenue Service (IRS) or another government agency plans to garnish your wages to collect unpaid taxes or other debts, you're not alone in feeling concerned or confused about what happens next. Wage garnishment is a significant financial challenge, and it's entirely normal to have questions and worries about the process, its implications, and how to navigate through it. Below, we'll provide you with information to help you better understand what wage garnishment entails, your rights and options, and steps you can take to address this situation and regain control of your financial well-being.

ADP, a payroll services provider, reported that in 2017 one in fourteen American workers had wages garnished. 

Can your federal benefits be garnished? In today's business climate, that is a fair question. Unfortunately, there isn't a quick answer other than "It depends."

Creditors generally have a variety of options to collect on debts owed to them. Among them, wage garnishment is one that is used the most often to get money from debtors.

As an employer, you are required to follow precise state and federal laws when paying your employees. Along with paying them what they have earned, you also must withhold amounts from their paychecks whenever your employees are garnished. You can comply with a garnishment order fully by understanding what it is and under what circumstances the state or federal government requires you to withhold money from your employees' earnings. 

When you owe money to a creditor, that person or company has the right to pursue the debt through a variety of methods. It can send you letters or make phone calls to your home to demand payment on the account. It can also ask a judge to have your wages or salary garnished until the debt is paid in full. 

The IRS can utilize a number of different methods to collect on a tax debt that you owe. Among them, wage garnishment is one of the most common. You may be able to avoid an IRS wage garnishment by learning under what circumstances it is used and how it could possibly be released if you owe a debt to the IRS. 

When you borrow money from the federal government to go to school, you are expected to pay back that loan with interest after you graduate. You cannot ignore your obligation to repay your student loans. 

Many university students need to take out student loans to pay for their tuition, books, and other school-related expenses. As helpful as these loans are, they also require that borrowers pay them back in due time after graduating or leaving college.

When you fail to make payments or you default on your loans entirely, you invite the federal government to collect on your debt with other means. You can protect your finances and take control of your loans by learning more about student loan garnishments.