16VAC15-21-20. Maximum garnishment amounts to satisfy an ordinary debt.
A. No more than 25% of disposable earnings in any pay period may be garnished to satisfy an ordinary debt.
B. A garnishment for an ordinary debt may not reduce disposable earnings for a week to an amount less than the F.M.W.R. times 40; may not reduce disposable biweekly earnings to an amount less than the F.M.W.R. times 40 times 2; may not reduce disposable semimonthly earnings to an amount less than the F.M.W.R. times 40 times 2.16665; may not reduce disposable monthly earnings to an amount less than the F.M.W.R. times 40 times 4.33330; and may not reduce disposable earnings for a period of more than a month to an amount less than the F.M.W.R. times 40 times the number of weeks worked. The number of weeks worked shall be calculated by dividing the total number of days in the period worked by 7, calculated to 4 decimal places.
Statutory Authority
§ 34-29 of the Code of Virginia.
Historical Notes
Derived from Virginia Register Volume 15, Issue 17, eff. June 15, 1999; amended, Virginia Register Volume 22, Issue 4, eff. December 1, 2005.