December 9, 2020 - 2:47pm
#1
Hello,
I have been researching the record retention for incoming garnishments. I understand that they are permanent, however, is that for the FI/Company that is sending the garnishment out? Or is that for the FI receiving the garnishment in for one of their members? I wouldnt that that both the sender and the receiver have to keep it permanently but I cant find anything that specifially says who has to keep the documentation permanently.
How long are you retaining your documentation?