15 U.S.C. § 1672 — Definitions

For the purposes of this subchapter: (a) The term “ earnings ” means compensation paid or payable for personal services, whether denominated as wages, salary, commission, bonus, or otherwise, and includes periodic payments pursuant to a pension or retirement program. (b) The term “ disposable earnings ” means that part of the earnings of any individual remaining after the deduction from those earnings of any amounts required by law to be withheld. (c) The term “ garnishment ” means any legal or equitable procedure through which the earnings of any individual are required to be withheld for payment of any debt. ( Pub. L. 90–321, title III, § 302 , May 29, 1968 , 82 Stat. 163 .) CFR Title Parts 14 374

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