Disposable earnings for consumer credit garnishment
What Qualifies As Disposable Income When it Comes to Wage ...
The maximum part of the aggregate disposable earnings of an individual for any pay period other than a week that is subjected to garnishment to enforce payment of a judgment arising from a consumer credit transaction may not exceed: A. Twenty-five percent of the individual’s disposable earnings for …
[DOC File]Payroll Bulletin
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The Consumer Credit Protection Act, 15 U.S.C. Section . 1673 (CCPA), provides that garnishment for consumer debt cannot begin until wages exceed 30 times the federal minimum wage and cannot exceed 25. percent . of disposable earnings. But the CCPA . does not preempt more protective. state laws. Id. at . Section . 1677. As a result, a state ...
[DOCX File]LEARNING GUIDE: Garnishments
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(b) Maximum garnishment limitations. The Consumer Credit Protection Act established maximum garnishment limitations for child support, alimony, and commercial debt. The limitations are as follows: (1) Child support or alimony. Disposable earnings of an employee for a workweek are subject to:
[DOC File]FmHA Instruction 1924-A - USDA
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The maximum part of the aggregate disposable earnings of an individual for any pay period other than a week that is subjected to garnishment to enforce payment of a judgment arising from a consumer credit transaction may not exceed: A. Twenty-five percent of the individual’s disposable earnings for …
[DOC File]02 - Maine
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A disposable earnings definition is applied to some types of garnishments: Garnishment Summons, Notice of Levy, student loans, federal garnishments and state tax levies. Disposable earnings definitions, set by state statute or federal law, vary based on the type of garnishment.
[DOC File]02
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The maximum part of the aggregate disposable earnings of an individual for any workweek that is subjected to garnishment to enforce payment of a judgment arising from a consumer credit transaction may not exceed the lesser of: A. Twenty-five percent of the individual's disposable earnings for that week; and [PL 2007, c. 7, §1 (RPR).] B.
[DOCX File]legislature.maine.gov
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Mar 25, 2012 · Education Loan Garnishment and Standard Court Ordered Garnishment Federal Education Loan (FEL) garnishments are usually subject to 15% of disposable earnings, while standard court-ordered garnishments are subject to 25% of disposable earnings. According to the Consumer Credit Protection Act and the Code of Virginia the total of the amount ...
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