CFR > Title 45 > Subtitle B > Chapter XXV > Part 2506 > Subpart F – Administrative Wage Garnishment
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| § 2506.55 | How will the Corporation collect debts through Administrative Wage Garnishment? |
Terms Used In CFR > Title 45 > Subtitle B > Chapter XXV > Part 2506 > Subpart F - Administrative Wage Garnishment
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor