With all the attention the housing market is receiving, its easy to overlook other challenges occurring in Arizona. Wage Garnishments-and Arizona leads the nation in them. Money missing from your paycheck or commission? Your paycheck may have been garnished and worse-you most likely have no clue that it has even occurred. As reported by “The Today Show”, this woman in Chandler, Arizona was behind a few hundred dollars in credit card debt,-because of her job loss, the amount owed ballooned to almost $2500 with penalties and late fees- when she noticed money missing from her bank account. She came to discover that debt collectors had won a judgment against her, without her knowledge and her bank account was garnished-again, without her knowledge-or permission. Scary. Yes garnishments are up across the country but Arizona leads the nation with a 121% increase. As you can see below, there are steps that you can take to protect yourself in the event your wages are garnished.
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