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15 U.S.C. § 1672 15 u.s.c. · consumer credit protection · title 15
15 U.S.C. § 1672
Definitions
Title 15 USC
● ACTIVE
Ch. 41
Jurisdiction Federal — United States
Chapter CONSUMER CREDIT PROTECTION
Primary Source uscode.house.gov ↗
Federation ID OM-USC15-SEC-131274
STATUTORY TEXT primary source · verbatim · uscode.house.gov

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 41 - CONSUMER CREDIT PROTECTION SUBCHAPTER II - RESTRICTIONS ON GARNISHMENT Sec. 1672 - Definitions From the U.S. Government Publishing Office, www.gpo.gov

§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.)

Source: uscode.house.gov — public domain Official Source ↗
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Semantic Edges
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The statutory text of 15 U.S.C. § 1672 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
OakMorel Law
15 U.S.C.
Citation
15 U.S.C. § 1672
Status
● ACTIVE
Chapter
41 — CONSUMER CREDIT PROTECTION
Title
Commerce and Trade
Jurisdiction
Federal
Federation ID
OM-USC15-SEC-131274
Root-LD Spec
v1.0
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Commerce and Trade — 15 U.S.C. § 1672