HB 1170 -- Garnishment Orders

Sponsor:  Burnett

This bill changes the laws regarding garnishment orders.
Currently, assets subject to garnishment are limited by a
percentage of value.  The bill exempts from garnishment assets
protected from attachment in Section 513.430, RSMo.  Every bank,
credit union, or other financial institution named as a garnishee
must promptly notify the debtor of any order that could affect
any of his or her accounts.  The debtor's basic personal
exemption for property valued at or below $600 is automatically
recognized and protected.  In addition, the financial institution
is required to provide the debtor with a claim form for any other
exemptions.  The claim form, a copy of which the financial
institution is required to serve to the party requesting the
garnishment, will include the debtor's identity, case number,
sources and amounts of exempt money, and number of unmarried
dependent children younger than 18 years of age.

Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:42 am