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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 15 U.S.C. § 1672 Definitions us united_states_code code_section 15 COMMERCE AND TRADE 41 CONSUMER CREDIT PROTECTION 1672 15 U.S.C. § 1672 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip /us/usc/t15/s1672 data/legal/raw/us/code/title-15/usc15.xml 7d32bd5ee242a1349bb0015d47a921c9a3abe6d1b9e27067b1d8fa17d1c0be8e 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 3844076bd0b33310fc3b26f0bcc217795cfbacf941a0dbf8748331a9fbbb7f52 2026-07-04 official
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15 U.S.C. § 1672 - Definitions

Text

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. 90321, title III, § 302, May 29, 1968, 82 Stat. 163.)