12 C.F.R. § 313.96

Exclusions from garnishment.

Last amended: 2016Year: 2026Length: 48 wordsOfficial source

Cite as 12 C.F.R. § 313.96 (2026)

The FDIC will not garnish the wages of a debtor it knows has been involuntarily separated from employment until the debtor has been re-employed continuously for at least 12 months. The debtor has the burden of informing the FDIC of the circumstances surrounding an involuntary separation from employment.
12 C.F.R. § 313.96: Exclusions from garnishment. | Justis AI