Tag: Bankruptcy

Analysis Shows Bankruptcy Tied To Wage Garnishment

Filed in National by on July 7, 2009 5 Comments

The Associated Press has done an analysis of bankruptcies and discovered that five states have significantly lower rates (-40%) of bankruptcy: Pennsylvania, North Carolina, South Carolina, Texas and Florida. All of the states have laws that limit wage garnishment to collect debt. States that allow debt collectors to seize consumers’ wages have sharply higher bankruptcy […]

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