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What impact will furloughs have if an employee currently has creditor garnishments or student loans being taken out of his pay?

April 26, 2017Creditor Currently employee furloughs garnishments impact pay student loans

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What impact will furloughs have if an employee currently has creditor garnishments or student loans being taken out of his pay?

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Creditor garnishments and student loans are calculated as a percentage of disposable income. A reduction in pay will reduce the amount of the disposable income therefore lowering the deduction. This will lengthen the repayment of the debt.