Maine Revised Statutes Title 9-A Sec. 5-105 – Limitation on garnishment
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1. For the purposes of this Part:
A. “Disposable earnings” means that part of the earnings of an individual remaining after the deduction from those earnings of amounts required by law to be withheld; and [PL 1973, c. 762, §1 (NEW).]
B. “Garnishment” means an installment payment order under Title 14, chapter 502. [PL 1973, c. 762, §1 (NEW).]
[PL 1973, c. 762, §1 (NEW).]
Terms Used In Maine Revised Statutes Title 9-A Sec. 5-105
- Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
- United States: includes territories and the District of Columbia. See Maine Revised Statutes Title 1 Sec. 72
2. The maximum part of the aggregate disposable earnings of an individual for any workweek that is subjected to garnishment to enforce payment of a judgment arising from a consumer credit transaction may not exceed the lesser of:
A. Twenty-five percent of the individual’s disposable earnings for that week; and [PL 2007, c. 7, §1 (RPR).]
B. The amount by which the individual’s disposable earnings for that week exceed 40 times the federal minimum hourly wage prescribed by Section 6(a)(I) of the Fair Labor Standards Act of 1938, 29 United States Code § 206(a)(I), or the state minimum wage prescribed by Title 26, section 664, whichever is higher, in effect at the time the earnings are payable.
In the case of earnings for a pay period other than a week, the administrator shall prescribe by rule a multiple of the minimum hourly wage equivalent in effect to that set forth in this paragraph. [PL 2007, c. 7, §1 (RPR).]
C. [PL 2007, c. 7, §1 (RP).]
[PL 2007, c. 7, §1 (RPR).]
3. No court may make, execute or enforce an order or process in violation of this section.
[PL 1973, c. 762, §1 (NEW).]
SECTION HISTORY
PL 1973, c. 762, §1 (NEW). PL 1995, c. 614, §A5 (AMD). PL 2007, c. 7, §1 (AMD).