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Consumer and Banking Trade Organizations Send Joint Letter to Congress Urging Garnishment Exemption

In a letter sent to Congress, 19 consumer and financial industry organizations urged lawmakers to protect the third round of economic impact payments (EIPs) from garnishment so that the money gets to the families that most need it. Allowing EIPs to be garnished could impose significant burdens on some families, especially those in communities of color, who are facing unprecedented circumstances during the ongoing pandemic.

To read the full comment letter click here