Bankruptcy Levy Garnishment Setup Instructions
Setup Instructions – Bankruptcy Levy - Garnishment Calculation:
Note: This garnishment type does not require that this employee be left with the minimum take home amount based on the current minimum wage.
Bankruptcy Levy Setup
Update the following deduction attributes (attributes marked with (*) are required fields)
•Disposable Income % (*) =enter the percentage stated on the garnishment order if applicable, otherwise enter 100%
•Flat Amount (*) =enter the flat amount stated on the garnishment order if applicable, otherwise leave value at zero
•Garnishment Type (*) =Bankruptcy Levy
•Gross % (*) =enter the percentage stated on the garnishment order if applicable, otherwise enter 100%
•Exempt Amount (Only Applies to Types: Fed/State Levy, Other) =0
•Payee Check (*) =Yes
•Payee Court Code (*) =select the employee’s garnishment case number from the drop down
•Priority =if employee has multiple garnishments, set the priority of which garnishment needs to be deducted first.
Total Garnishment Owe =enter the goal amount of the garnishment. If not applicable leave the value at zero