CT HB06372

Judgment creditors seeking execution against debtor accounts must pay a $105 fee to the court clerk and, in IV-D child support cases, provide an affidavit showing $500 or more in overdue support.

Serving officers must make demands on financial institutions within seven days of receiving execution and can only serve one financial institution per debtor at a time, with subsequent service limited to 45 days from receipt.

Financial institutions must protect the full amount of exempt federal benefits (veterans' benefits, Social Security, supplemental security income, Railroad Retirement Board, federal Office of Personnel Management, unemployment compensation, and Title IV-D child support payments) from execution.

Financial institutions must also leave up to $1,000 in electronic wage deposits made during the two-month look-back period preceding execution service, or if no such deposits exist, leave the lesser of account balance or $1,000 as exempt funds.

Judgment debtors retain full access to protected funds and their exempt status under state and federal law is unchanged; financial institutions may notify creditors that funds have been protected from execution.