34 CFR 34.5 – Contents of a notice of proposed garnishment
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In a notice of proposed garnishment, we inform you of—
Terms Used In 34 CFR 34.5
- 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
(a) The nature and amount of the debt;
(b) Our intention to collect the debt through deductions from pay until the debt and all accumulated interest, penalties, and collection costs are paid in full; and
(c) An explanation of your rights, including those in § 34.6, and the time frame within which you may exercise your rights.