Section 3.10 Federal Restrictions on Garnishment of Earnings

LibraryCreditors' Remedies (2009 Ed. + 2014 Supp)

C. (§3.10) Federal Restrictions on Garnishment of Earnings

Under 15 U.S.C. §§ 1671-1677, of the Consumer Credit Protection Act (CCPA), Pub. L. No. 90-321, 82 Stat. 146, federal restrictions are placed on the garnishment of earnings. The federal law definition of earnings is virtually identical to the definition in § 525.030, RSMo 2000. If state law is more favorable to the judgment debtor, the state exemptions prevail. 15 U.S.C. § 1677. Basically, the CCPA restricts the garnishment of earnings to 25% of...

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