§ 313.98. Ending garnishment.
61 words·~1 min read·
/us/cfr/t12/s§ 313.98·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Once the FDIC has fully recovered the amounts owed by the debtor, including interest, penalties, and administrative costs consistent with the FCCS, the FDIC will send the debtor's employer notification to discontinue wage withholding.
(b)At least annually, the FDIC will review its debtors' accounts to ensure that garnishment has been terminated for accounts that have been paid in full.