QUESTION 3 Gunther wins a $25,000 judgment against Krissa. Krissa refuses to pay

Question

QUESTION 3 Gunther wins a $25,000 judgment against Krissa. Krissa refuses to pay the amount of the judgment to Gunther. Krissa works for Iniversal Electronics. Gunther obtains a postjudgment writ of garnishment from the court whereby the court orders Iniversal Electronics to pay 25% of Krissa's weekly disposable earnings directly to Gunther. However, Gunther is not satisfied with the verdict and tries to motion the court to increase Krissa's pay deduction to 50%, but his request is denied. Which federal act allows Krissa to retain 75% or more of her earnings in a writ of garnishment? A. Fair Credit Reporting Act B. Fair Credit Billing Act C Title IlI of the Consumer Credit Protection Act D. Fair Debt Collection Practices Act

Explanation / Answer

Solution:

Title III of the consumer credit protection act allows Krissa to retain 75% of more of her earnings in a writ of garnishment.

Hence option C is correct.

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