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Under the Consumer Credit Protection Act, what is the maximum percentage that can be deducted from an employees pay to satisfy a student loan garnishment?
Under the Consumer Credit Protection Act, what is the maximum percentage that can be deducted from an employees pay to satisfy a student loan garnishment? Would it be a violation of the Consumer Credit Protection Act to suspend, demote, or transfer an employee who is subject to a garnishment? What are your thoughts on suspension, demotion, or transfer of an employee who has a garnishment, for instance, if their position is a Payroll Manager, a Controller, or Director of Accounting?
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