This bill amends the Code of West Virginia to enhance the requirements for collection agencies regarding wage garnishments. Specifically, it mandates that collection agencies must notify debtors of any impending wage garnishment at least 30 days in advance through certified mail. Additionally, the bill requires these agencies to send monthly statements to debtors detailing the amount collected through garnishment and the remaining balance owed.

The bill also includes various updates to existing legal language, such as changing "shall" to "may" in several instances, which alters the tone of the obligations imposed on collection agencies. Furthermore, it specifies that collection agencies must maintain accurate records of all collections and disbursements, and prohibits the commingling of customer funds with agency funds. Overall, the legislation aims to provide greater transparency and protection for debtors in the wage garnishment process.

Statutes affected:
Introduced Version: 47-16-4