
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 15USC1672]

 
                      TITLE 15--COMMERCE AND TRADE
 
                 CHAPTER 41--CONSUMER CREDIT PROTECTION
 
               SUBCHAPTER II--RESTRICTIONS ON GARNISHMENT
 
Sec. 1672. Definitions

    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. 90-321, title III, Sec. 302, May 29, 1968, 82 Stat. 163.)
