Civil procedure: execution; procedures for collection of judgments; revise. Amends secs. 4011, 4012, 4015, 4031, 4061a, 6023, 6027, 6059 & 6104 of 1961 PA 236 (MCL 600.4011 et seq.) & adds secs. 4001a, 4032, 4033, 6001a, 6023b, 6023c, 6023d, 6023e, 6023f & 6023g.

Michigan House Bill 6230 comprehensively revises the state's civil procedure laws regarding debt collection, garnishment, and property exemptions to better protect individual consumers. The bill significantly increases the dollar amounts of protected assets, such as raising the household goods exemption from $1,000 to $5,000 and the homestead exemption to $125,000, while also establishing a new earnings protection that limits wage garnishment to the lesser of 15% of weekly income or the amount exceeding 35 times the minimum wage. It introduces specific protections for financial accounts by requiring banks to identify and shield funds originating from exempt sources like public assistance or tax credits over a 90-day period, and it mandates that courts provide debtors with clear notices about their rights to claim exemptions before any property seizure occurs. Additionally, the legislation creates a mechanism for periodic inflation adjustments to these exemption limits and restricts the state treasurer from intercepting specific earned income tax credits when collecting consumer debts.