StacksVerified U.S. regulatory reference

12 CFR §313.98

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Once the FDIC has fully recovered the amounts owed by the debtor, including interest, penalties, and administrative costs consistent with the FCCS, the FDIC will send the debtor's employer notification to discontinue wage withholding.
  2. (b)At least annually, the FDIC will review its debtors' accounts to ensure that garnishment has been terminated for accounts that have been paid in full.