Loading chat...
MO HB1612
Bill
Status
4/28/2014
Primary Sponsor
Joe McGaugh
Click for details
AI Summary
-
Modifies judgment interest rates: non-tort actions bear 9% per annum interest, while tort actions bear interest equal to the Federal Funds Rate plus 5% per annum.
-
Establishes procedures for garnishment service: clerk issues writ, sheriff serves garnishee, and judgment debtor must be served within 5 days; allows certified mail service as alternative method.
-
Creates new section 525.025 requiring garnishment writs to include notice of exemptions and establishing 20-day deadline for judgment debtor to claim exemptions under state and federal law.
-
Allows garnishees to deduct up to $20 one-time fee plus administrative fee of greater of $8 or 2% of garnished amount; permits garnishees to file motion for additional attorney's fees and costs.
-
Simplifies garnishment of state and local government employee wages by treating public employers the same as private employers and allowing service by certified mail or personal service upon designated agent.
Legislative Description
Changes the laws regarding garnishments
Last Action
Reported Do Pass (S)
5/14/2014