Amounts withheld.

CFR · 2024-01-01 · US · Title 12

(a) Upon receipt of the garnishment order issued under this section, the employer shall deduct from all disposable pay paid to the debtor during each pay period the amount of garnishment described in paragraphs (b) through (d) of this section. (b) Subject to the provisions of paragraphs (c) and (d) of this section, the amount of garnishment shall be the lesser of: (1) The amount indicated on the garnishment order up to 15% of the debtor's disposable pay; or (2) The amount set forth in 15 U.S.C. 1673(a)(2). The amount set forth at 15 U.S.C. 1673(a)(2) is the amount by which the debtor's disposable pay exceeds an amount equivalent to thirty times the minimum wage. See 29 CFR 870.10. (c) When a debtor's pay is subject to withholding orders with priority, the following shall apply: (1) Unless otherwise provided by federal law, withholding orders issued under this section shall be paid in the amounts set forth under paragraph (b) of this section and shall have priority over other withholding orders which are served later in time. However, withholding orders for family support shall have priority over withholding orders issued under this section. (2) If amounts are being withheld from a debtor's pay pursuant to a withholding order served on an employer before a withholding order issued pursuant to this section, or if a withholding order for family support is served on an employer at any time, the amounts withheld pursuant to the withholding order issued under this section shall be

official document · source cfr-2024 · id 12:§ 313.95