NMU's Compliance Database - Northern Michigan University
Consumer Credit Protection Act, Title III (CCPA) Garnishments
| Reviewed By | Internal Auditor Owner |
| URL: | https://www.govregs.com/uscode/expand/title15_chapter41_subchapterII_section1673#uscode_2 |
| Regulation Reference Cite | 15 U.S.C. § 1673 |
| Report Due Date (Actual) | N/A |
| Level | Consumer Protection Posting |
| Oversight Unit | HUMAN RESOURCES |
| Person Responsible | Rhea Dever |
| Secondary Person Responsible | |
| President / VP Level | Finance |
| Description |
Per Title III of the CCPA the maximum part of an employee's total disposable earnings subject to garnishment in any workweek may not exceed the lesser of 25% of disposable earnings for that week or the amount by which disposable earnings for that week exceeds 30 times the federal minimum wage rate in effect at the time the earnings are payable. §1674 prohibits firing an employee because of garnishment and imposes a $1,000 fine for doing so. |
| Contacts and Data Sources |
| TBD |