As a St. Louis bankruptcy attorney, I have potential clients come to me asking about wage garnishment laws. That’s not as easy of answer as one might think because in our area people come to see me from two different states that have different regulations when it comes to wage garnishments. I can give you the different rates that can be used if your wages are garnished in Missouri and Illinois.
• The standard wage garnishment/deduction:
- In Missouri: 25%
- In Illinois: 15%
• If you are the head of household:
- In Missouri: the standard rate goes down 10%
- In Illinois: the standard rate remains the same
• If your wages are being garnished for child support:
- In Missouri: Up to 65% of your wages can be garnished
- In Illinois: For 1 child you can be garnished 20% of your income, it goes up to 28% for 2 kids, and up to a maximum of 50% for 6 or more children
Bankruptcy is a solution to wage garnishment, it completely stops once you file. Filing bankruptcy can also stop creditors from taking any other action against you, such as, repossession, foreclosure, etc.
If your wages are being garnished in Missouri or Illinois, you may not need a lawyer, but what you do need is helpful information to arm you from harassing creditors. That’s why my best advice is before you speak to a St. Louis bankruptcy attorney, debt collectors, or sign any forms, you need to read my free book. “Get Out of Debt: Secrets Your Creditors Don’t Want You to Know” can give you the answers you need to start fresh financially.