Support enhanced protections from garnishment of wages and bank accounts by debt collectors

Wage garnishment by debt collectors may occur after a creditor goes to court and wins a judgment against a consumer, allowing the creditor to seize a portion of the consumer’s wages or bank account savings to pay the debt. Currently, only $217.50 of Georgians’ weekly earnings per person are protected by law from garnishment, which risks destabilizing family finances and local businesses that depend on consumer spending. Even medical debt may be subject to garnishment. We support reforms of wage and bank account garnishment law to help Georgians pay off their debts while maintaining a livable wage and emergency savings.