Multiple Choice
According to Consumer Credit Protection Act, what is a limit on the amount of a garnishment for consumer credit?
A) It must be a minimum of 10% of an employee's annual salary.
B) It cannot exceed 25% of an employee's disposable income.
C) It may be 75% of the employee's disposable income.
D) It must be less than 50% of an employee's gross earnings.
Correct Answer:
Verified
Correct Answer:
Verified
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