Unfortunately, your credit will most likely suffer if your wages get garnished, although the actual wage garnishment isn't really the problem. It's the court judgement to garnish your wages that's a matter of public record and usually shows up on your credit report.
Taking a person to court is the last step creditors can take to recoup unpaid debts. Because it generally takes several months to get to this point in the process, your credit score has probably already been downgraded by the unpaid debt at the root of the problem.
A court judgement will probably lower your credit score further and may make it difficult for you to get a loan. There's now a public record that you're not keeping all of your salary, and that your disposable income has gone down accordingly. Some creditors may see this as a callous attitude toward paying debts.
Having your credit negatively affected due to a court order can be demoralizing, but it's not the end of the world. The wage garnishment judgement will remain on your credit report for seven years, but the garnishment can be stopped.
If you're in over your head with more than one debt, you probably want to consider other options rather than just letting the garnishments happen. Castle Law Office has been handling bankruptcies for Kansas City clients from more than 14 years. If you need the fresh start bankruptcy can provide, call us today at 816-842-6200 to speak with an attorney. Or click here to email us and schedule your free consultation.