Code of Federal Regulations · Section
§ 1208.76 — Exclusions From Garnishment
12 C.F.R. § 1208.76
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FHFA 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 FHFA of the circumstances surrounding an involuntary separation from employment.
Authorizing Statute
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Regulations and orders12 U.S.C. § 4526
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Installment deduction for indebtedness to the United States5 U.S.C. § 5514
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Authority to make credits or refunds26 U.S.C. § 6402