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Delaware Procedural Requirements for Wage Garnishment : Wage Garnishment Procedures

Delaware Procedural Requirements for Wage Garnishment

Learn about and discuss wage garnishment procedures. Also find specific wage garnishment procedures listed by state.

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Delaware Procedural Requirements for Wage Garnishment

Postby Credit Expert on October 2nd, 2008, 3:48 pm

Delaware Procedural Requirements

Banks are exempt from equitable order restraining disbursement of funds. Delaware Trust Co. v. Partial, 517 A.2d 259 (Del. Ch. 1986).

Interest Rate at which Judgments Accrue J

udgments shall bear interest at the rate in the contract sued upon. Where there is no expressed contract rate, the legal rate of interest shall be 5% over the Federal Reserve discount rate including any surcharge as of the time from which interest is due. Del. Code Ann. tit. 6, _ 2301.
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