Author Topic: MN - Civil Default Judgement to Sacor Financial?? Now What???  (Read 2943 times)

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jbiggs

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Re: MN - Civil Default Judgement to Sacor Financial?? Now What???
« Reply #15 on: January 25, 2012 09:42:39 PM »

So I fight.

In the meantime; how is wage garnishment determined?

Minnesota Statute 550.136 and 551.06 governs wage attachment. The maximum part of an individual's disposable earnings for a pay period that can be garnished may not exceed the lesser of:

1. 25% of the disposable earnings, or

2. The amount of the disposable earnings that exceed 40 times the federal minimum hourly wage.

The portion of the defendant's earnings which are not subject to a wage garnishment are also exempt from garnishment for 20 days after they have been deposited in any financial institution, whether in a single or joint account. The burden of establishing that funds are exempt rests on the defendant using the first-in first-out accounting method.

Are deductions taken into considerstion?

How is this determined?

 

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