February 18, 2011
Wage Garnishment Bill ‘Goes Too Far’
North Carolina has generally frowned upon wage garnishment, reserving it only for a few special debts such as back taxes and child support. For decades, lawmakers have resisted proposals to allow wage garnishment by general creditors such as credit card companies, retailers and consumer lenders. Now however, with a new conservative General Assembly in power, some creditors think they see an opportunity to reverse this longstanding policy.