Louisiana Revised Statutes 20:32 – Garnishment of exempt wages by certain lenders prohibited; penalty
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Terms Used In Louisiana Revised Statutes 20:32
- 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
- person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
No person engaged in lending money at more than ten per cent per year, nor any member, officer, agent, or employee of any such person, shall employ garnishment process against any legally exempt salary or wages of a debtor in an attempt to enforce payment of a debt.
Whoever violates this Section shall be imprisoned not less than sixty days nor more than ninety days.