Garnishment orders are a legal way for creditors to collect money from debtors. These orders are usually issued by a court and require the debtor’s employer to withhold a portion of their wages and send it to the creditor. It is important to understand which type of garnishment order usually takes precedence so that you can make sure your creditors are paid in the correct order.
Child support and alimony court orders have priority over all other garnishments, except federal tax levies. This means that if you owe money for child support or alimony, the court order will take precedence over any other garnishment orders. This is because these types of court orders are considered a priority debt and must be paid first.
However, if you have a federal tax levy that predates the child support or alimony court order, then the federal tax levy will take precedence. This is because the federal government has the power to collect taxes and must be paid first.
It is important to understand the priority of garnishment orders so that you can make sure your creditors are paid in the correct order. If you fail to do so, you may find yourself in a difficult financial situation.
In addition to understanding the priority of garnishment orders, it is also important to know the laws in your state regarding garnishment orders. Each state has different laws regarding garnishment orders and it is important to understand these laws before entering into any agreements with creditors.
Finally, it is important to remember that garnishment orders can have a significant impact on your financial situation. If you are having difficulty making payments on your debts, it is important to seek professional advice from a qualified financial advisor or debt counselor. They can help you understand the laws in your state and provide you with advice on how to best manage your debt.
In conclusion, it is important to understand which type of garnishment order usually takes precedence. Child support and alimony court orders have priority over all other garnishments, except federal tax levies. If you have a federal tax levy that predates the child support or alimony court order, then the federal tax levy will take precedence. It is also important to understand the laws in your state regarding garnishment orders and to seek professional advice if you are having difficulty making payments on your debts. Jun 8, 2021.