GroundRules
12 CFR 1208.78: Ending garnishment.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER XII—FEDERAL HOUSING FINANCE AGENCY
- SUBCHAPTER A—ORGANIZATION AND OPERATIONS
- PART 1208—DEBT COLLECTION
- Subpart E—Administrative Wage Garnishment
(a) Once FHFA has fully recovered the amounts owed by the debtor, including interest, penalties, and administrative costs consistent with the Federal Claims Collection Standards, FHFA will send the debtor's employer notification to discontinue wage withholding.
(b) At least annually, FHFA will review its debtors' accounts to ensure that garnishment has been terminated for accounts that have been paid in full.
Collected 2026-08-27T02:24:16Z. Source file · JSON