Arlington, Va. (February 27, 2012) - Creditor garnishments represent only about 15% of the total wage attachments employers receive but they present the greatest financial risk to the employer. Not only is it important to withhold correctly but penalties may be assessed if other requirements, such as submitting answers or written questions, are not provided within the required period of time.
Creditor garnishments rely heavily on the understanding of state laws and the ability to compare those laws with the federal Consumer Credit Protection Act to make sure the least amount is deducted from earnings. Changes to how they are calculated are frequent, such as in 2011 when Massachusetts changed from a minimum exempt amount of 30 time's federal minimum wage to greater number of hours and state minimum wage. These types of modifications require system changes as well as paperwork changes.
Join Amy Bryant, CPP, on March 1st for Creditor Garnishment and Voluntary Wage Assignments as she discusses:
Attendees to this webinar will also receive 1.0 CPE or 1.5 APA RCH credits.
About the Speakers:
Amorette (Amy) Bryant, CPP, has 15 years of experience managing large payroll departments in both the private and public sectors, and 12 years of experience as a consultant. A widely recognized authority in the area of Garnishment Administration, her background also includes:
Creditor Garnishment and Voluntary Wage Assignments takes place March 1, 2012, from 2:00 PM - 3:30 PM, ET. To register for this webinar and obtain further information about CPE or APA RCH credits, go to http://www.bna.com/creditor-garnishments-19581/?utm_source=newswire&utm_medium=PR&utm_content=HR&utm_campaign=garnishment or call 1.800.372.1033, Option 6, then Option 1.
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Press Contact: Matt Sottong703.341.3811msottong@bna.com
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