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In May 2011 the Treasury Department introduced a brand new regulation that identifies exempt deposits, including Social safety advantages, if they show up on a bank worker’s screen, telling the lender why these funds can’t be garnished. “Before, the financial institution would typically state, ‘It’s not as much as us to choose whether funds are exempt.’ They’d get a garnishment demand and freeze your account,” claims Jay Speer, executive manager associated with Richmond-based Virginia Poverty Law Center. “You’d need certainly to visit court to show these people were exempt. Meanwhile, your account is frozen and also you can not withdraw cash to purchase meals. Now the garnishment is avoided without the need to head to court. It is making the banking institutions do whatever they need to have been doing all along.”