The ABC’s of Handling Garnishments and Abandoned Wages: What Payroll Professionals Need to Know in 2018
OVERVIEW The Consumer Credit Protection Act is designed to ensure fair and proper treatment of people with debts. Garnishment orders include everything from a creditor debt to child support. But what if your employee has more than one garnishment order or declares bankruptcy because they are overwhelmed by their situation? How does the employer handle the situation? How do the garnishment orders get prioritized? What if the amount adds up to more than the employee can bear? What are the limits on take home pay and disposable earnings? What if an ex-employee fails to cash their paycheck and you have lost touch with them? Handling Garnishments and Abandoned Wages WHY SHOULD YOU ATTEND Join Miles Hutchinson, CPA, CGMA to quickly ramp up on this complex law. Learn how to prioritize all the garnishments against your employee’s wages. Find out how the states upset the priority rules in certain situations and how to keep track of the differen...