Wage garnishment in Missouri comes from a court order, approved by a judge, in which a person’s earnings are withheld by an employer for the payment of a debt. Common sources of wage garnishment include child support, spousal support, unpaid taxes, and consumer debt through loans or credit cards.
In today’s blog by Groce & DeArmon, we demonstrate how to calculate your wage garnishment in Missouri.
Related Post: Wage Garnishment FAQs
What are wage garnishment laws in Missouri?
Missouri wage garnishment laws stipulate that someone you owe a debt to can garnish up to 25% of your disposable income after your employer withholds money for federal, state, and local taxes. If you can prove you’re the head of your household, you can sign an affidavit stating that a garnishment can only take 10% of your disposable income.
Another way to calculate wage garnishment is by calculating the amount of money you make weekly that exceeds 30 times the federal hourly minimum wage.
How do I calculate wage garnishment in Missouri?
If you need to calculate wage garnishment in Missouri but do not know how, a Groce & DeArmon, P.C. representative can help. Our legal experts have helped many individuals calculate their garnishments and provided financial relief, via bankruptcy or decreasing payments.
What are some wage garnishment calculations and examples?
We’ll start with 25% of your disposable income.
- Gross Income: $1000/week
- Net (disposable) Income: $750/week
- 25% (.25) of $750: $187.50 withheld per week.
Next, we look at the head of household at 10%.
- Gross Income: $1000/week
- Net (disposable) Income: $750/week
- 10% (.10) of $750: $75 withheld per week.
Now, we examine 30 times the federal minimum wage.
- Gross Income: $1000/week
- Net (disposable) Income: $750/week
- 30 times $7.25: $217.50 withheld per week.
The key here is that Missouri wage garnishments will take the least of these amounts. Rather than 30 times the minimum wage amount, you’ll have 25% or 10% (depending on your situation) withheld if your disposable income is $750 a week.
If 25% or 10% of your disposable income exceeds $217.50, an employer may withhold this amount per week as a maximum.
If you are still having trouble calculating your wage garnishment in Missouri there are wage garnishment calculators available as a resource.
Related Post: Explaining Wage Garnishment Exemptions in Missouri
Let a Groce & DeArmon Attorney Stop Your Wage Garnishment in Missouri
If you are a resident in Springfield, Missouri, struggling from wage garnishments, the legal team at Groce & DeArmon, P.C., can help. By law, filing for bankruptcy can stop wage garnishment. Let our experts tell you more.
Contact us today or call our office at 417-862-3706 or 1-800-640-3706.
