16 Va. Admin. Code § 15-21-20 - Maximum garnishment amounts to satisfy an ordinary debt
A. No more than 25%
of disposable earnings in any pay period may be garnished to satisfy an
ordinary debt.
B. A garnishment for
an ordinary debt may not reduce disposable earnings for a week to an amount
less than the F.M.W.R. times 40; may not reduce disposable biweekly earnings to
an amount less than the F.M.W.R. times 40 times 2; may not reduce disposable
semimonthly earnings to an amount less than the F.M.W.R. times 40 times
2.16665; may not reduce disposable monthly earnings to an amount less than the
F.M.W.R. times 40 times 4.33330; and may not reduce disposable earnings for a
period of more than a month to an amount less than the F.M.W.R. times 40 times
the number of weeks worked. The number of weeks worked shall be calculated by
dividing the total number of days in the period worked by 7, calculated to 4
decimal places.
Notes
Statutory Authority
§ 34-29 of the Code of Virginia.
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.