New Treasury Rule - report from NCLC

This morning I have an email with various updates from NCLC in my inbox, and the first item is:

1. A watershed Treasury Rule, effective May 1, automatically protects exempt federal benefits from garnishment in bank accounts.  No longer will exempt funds in bank accounts be frozen pending resolution of  their status.  A special NCLC REPORTS on the rule is in the mail to subscribers and is available free to the general public at
I'll attach that special NCLC Report as a PDF to this post.
nclc-rpts-repo-jan-feb-2011.pdf143.27 KB


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