South Carolina S0277 modifies the exemption of a judgment debtor's earnings from execution to allow 75% of personal service earnings to be applied.
South Carolina S0277 amends Section 15-39-410 of the South Carolina Code to change the exemption of a judgment debtor's earnings from execution. Instead of a complete exemption, the bill allows 75% of the debtor's personal service earnings to be applied toward satisfying a judgment. Additionally, the earnings withheld for this purpose cannot exceed the limits set by the Federal Consumer Credit Protection Act. This act takes effect upon approval by the Governor.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.