Wage garnishment—it’s not a phrase you want to hear, especially if you’re already stressed about your finances. But understanding what wage garnishment is and how it works can help you navigate the process if you ever find yourself in this situation. Essentially, wage garnishment is when a portion of your paycheck is taken directly by a creditor to pay off a debt. It’s a process that can catch people off guard, but knowing what to expect and how to address it can make a big difference in managing the impact on your finances.
