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Federal Consumer Credit Protection Act
Legislation that aims to ensure fair and informed use of consumer credit, including provisions on disclosure of credit terms and protecting consumers from unfair practices.
Garnished
Refers to having a portion of one’s earnings or assets seized for the purpose of debt repayment, typically by court order.
Writ Of Execution
A writ of execution is a court order that authorizes the enforcement of a judgment, typically involving the seizure or sale of the debtor's property.
Judgment
A final decision made by a court regarding the rights and obligations of the parties in a case.
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Q71: The Employment Insurance program,operated by the Federal