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Congress Eyes Federal Garnishment Rules Amid Debtor Strain
AP reports Congress debates federal limits on wage garnishment as a national framework proposals would cap at 30 percent of pay and then 10 percent of the remainder, with one attachment allowed, to curb unemployment, creditor pressure, and the rise of consumer finance abuses cited by AFL CIO and experts.
MENTIONED IN THIS ARTICLE
Washington
Joseph W. Barr
The
Treasury
Internal Revenue Service
Congressional
Afl-Cio
Congress
House Banking Committee
House
Senate
Clive W. Bare
Tennessee
Sidney Margolius
Port Washington, N.Y