Wage Exemptions -- State System
Alaska Law Wage Garnishment Limits
Alaska garnishment law protects $743 per week if debtor is sole support of debtor’s household.
Alaska earned a “B” from the NCLC for its protection of wages from garnishment, because it “protects enough wages so that paycheck does not drop below the poverty level ($495.19 per week for family of four).”
Federal Non-Bankruptcy Law
(available only if using State System)
Federal "non-bankruptcy" law also offers exemption protection for wages.
Wage Garnishment — Federal System § 522 (no exemption)
Yes. Alaska allows residents to use the federal exemptions pursuant to Code § 522(b). If the debtor choses to use the Alaska exemptions, AS § 09.38.055 limits the exemptions available to a debtor filing bankruptcy and residing in Alaska to those within the following statutes: AS §§ 09.38.010, 09.38.015, 09.38.017, 09.38.020, 09.38.025 and 09.38.030.
The Federal Bankruptcy Exemptions under 11 U.S.C. § 522(d) are available to you if
- you haven't lived in any state longer than 180 days for a while,
- or
- if your state allows the Federal exemptions as a choice.
See also on LegalConsumer.com
From Elsewhere on the web:
- Wage Garnishment in Alaska (UpSolve.org): UpSolve features state specific articles on wage garnishment in each state.