Written by Anthony Carter ·
Filed under Basic Financial Concepts
If you owe money to another it is sometimes possible for this to be deducted from your salary. Garnished wages refer to any money that is taking from your pay check for this purpose – it can also be deducted from other payments such as royalty checks. In most instances this situation will occur because a court has ordered it to be done; it could be to pay child support or to settle monies awarded by the court. If the payroll of a company receives an order to garnished wages then they must comply with this.
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Written by Anthony Carter ·
Filed under Personal Finance
Raising a child is expensive. In many countries around the world there is the expectation that the responsibility of raising their children falls on both parents. Even where the parents are not together there may be legal responsibilities to ensure the child’s welfare. In a lot of places there will be the requirement that absent the absent parent provides some type of child support. In fact the 1992 United Nations Convention on the Rights of the Child stipulates that all members of the UN should guarantee this support. It may even be that a parent living with the child might be obligated to pay this money in some situations.
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