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2. Can The IRS Garnish Your Wages? - AOL

   www.aol.com/irs-garnish-wages-001643654.html

   While a new monthly payment might put pressure on your budget, this gives you more control and avoids the uncomfortable process of wage garnishment. You prove financial hardship. The IRS may step ...

3. Garnishment - Wikipedia

   en.wikipedia.org/wiki/Garnishment

   Garnishment is a legal process for collecting a monetary judgment on behalf of a plaintiff from a defendant. Garnishment allows the plaintiff (the "garnishor") to take the money or property of the debtor from the person or institution that holds that property (the "garnishee"). [ 1 ]

4. Student loan wage garnishment: How defaulting could ... - AOL

   www.aol.com/finance/student-loan-wage...

   Student loan wage garnishment involves a private lender or the federal government withholding part of your income to repay overdue student loan debt. Federal student loan payments were paused ...

5. Child support in the United States - Wikipedia

   en.wikipedia.org/wiki/Child_support_in_the...

   Some states (such as California) automatically garnish up to 50% of pre-tax income to pay child support arrears. This can present a hardship in states whose cost of living is high. The Out of Reach report produced by the National Low Income Housing Coalition [119] sets 30% of household income as an affordable level for housing costs. After a ...

6. Flex Modification Program (FMP): Everything you need to know

   www.aol.com/finance/flex-modification-program...

   Step 3: You’ll also need to provide proof of income and evidence of your financial hardship. Step 4: Submit the package to your lender once you’ve completed it, and your lender will consider ...

7. Small claims court - Wikipedia

   en.wikipedia.org/wiki/Small_claims_court

   The jurisdiction of small-claims courts typically encompasses private disputes that do not involve large amounts of money. The routine collection of small debts forms a large portion of the cases brought to small-claims courts, as well as evictions and other disputes between landlords and tenants, unless the jurisdiction is already covered by a tenancy board.

8. 401(k) and IRA hardship withdrawals – 5 ways to minimize ...

   www.aol.com/finance/401-k-ira-hardship...

   Hardship withdrawals must stay within the limits of the actual financial hardship, however that’s defined by the plan. For example, a 401(k) hardship withdrawal is limited to the immediate ...

9. Loan shark - Wikipedia

   en.wikipedia.org/wiki/Loan_shark

   A loan shark is a person who offers loans at extremely high or illegal interest rates, has strict terms of collection, and generally operates outside the law, often using the threat of violence or other illegal, aggressive, and extortionate actions when seeking to enforce the satisfaction of the debt. [1]