PAYROLL GARNISHMENT

 

PAYROLL GARNISHMENT

 

a)      Requirements:

1.      There is a case

2.      There is a final judgement

3.      There is a Writ of Execution

4.      There is a Notice to the holder of your funds

b)       Exemptions:

             Living allowance – food, shelter, clothing, transportation, education

             Light, water, power ( see Rule 39 Sec. 13 of the Rules of Court)

c)       Remedies

1.      Negotiate with holder of funds

2.      Elevate issue w/ BSP

consumeraffairs@bsp.gov.ph

(632) 5306-2584; (632) 8708-7087

https://facebook.com/BankoSentralngPilipinas

www.bsp.gov.ph web chat

3.      File counter-suit or Motion