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Unseen Toll: Wages of Millions Seized to Pay Past Debts

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Photo via ProPublica

Colin E Bradley/AP for ProPublica

Kevin Evans, 58, was hit hard by the recession in 2009.  Despite selling his home, he was left with $7,000 worth of credit card debt.

But Evans worked hard.  He got a new customer service job, and it paid pretty well.  What he didn't know was his credit card lender was taking 25 percent of his wages and putting it toward his debt, which had grown to $15,000.

From the story: "The recession and its aftermath have fueled an explosion of cases like Evans'. Creditors and collectors have pursued struggling cardholders and other debtors in court, securing judgments that allow them to seize a chunk of even meager earnings. The financial blow can be devastating — more than half of U.S. states allow creditors to take a quarter of after-tax wages. But despite the rise in garnishments, the number of Americans affected has remained unknown."

Read the full story at ProPublica.


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