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Bill > HB445
VA HB445
VA HB445Debtor's disposable earnings; exemptions form garnishment, exemptions in bankruptcy proceedings.
summary
Introduced
01/12/2026
01/12/2026
In Committee
02/25/2026
02/25/2026
Crossed Over
02/02/2026
02/02/2026
Passed
04/06/2026
04/06/2026
Dead
Signed/Enacted/Adopted
04/06/2026
04/06/2026
Introduced Session
2026 Regular Regular Session
Bill Summary
Exemptions from garnishment; exemptions in bankruptcy proceedings; disposable earnings. Provides that the exemption provided for a debtor's disposable earnings, defined by current law, that are subject to garnishment also applies to disposable earnings for the purposes of a bankruptcy proceeding.
AI Summary
This bill extends the existing protections for a debtor's "disposable earnings," which refers to the portion of an individual's earnings remaining after legally required deductions like taxes, to also apply in bankruptcy proceedings. Currently, these protections limit how much of a person's disposable earnings can be taken through "garnishment," a legal process to withhold earnings for debt payment, and this bill ensures those same limits will be respected when someone files for bankruptcy.
Committee Categories
Justice
Sponsors (1)
Last Action
Acts of Assembly Chapter text (CHAP0143) (on 04/06/2026)
Bill Topics
Banking, Finance, and Domestic Commerce
- ‐ Bankruptcy
- ‐ Consumer Finance and Credit, including Credit Cards
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://lis.virginia.gov/bill-details/20261/HB445 | 01/12/2026 |
| BillText | https://lis.virginia.gov/bill-details/20261/HB445/text/CHAP0143 | 04/10/2026 |
| BillText | https://lis.virginia.gov/bill-details/20261/HB445/text/HB445ER | 03/05/2026 |
| BillText | https://lis.virginia.gov/bill-details/20261/HB445/text/HB445 | 01/12/2026 |
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