In this subsection: 1.
(1)#
“Debt” means the amount of liability determined under sub. (3).
(2)#
“Debtor” means an individual who is liable under sub. (3).
(3)#
“Disposable earnings” means that part of the earnings of any debtor after the deduction from those earnings of any amounts required by law to be withheld, any life, health, dental or similar type of insurance premiums, union dues, any amount necessary to comply with a court order to contribute to the support of minor children, and any levy, wage assignment or garnishment executed prior to the date of a levy under this subsection.
(4)#
“Federal minimum hourly wage” means that wage prescribed by 29 USC 206 (a) (1).
(5)#
“Levy” means all powers of distraint and seizure.
(6)#
“Property” includes all tangible and intangible personal property and rights to such property, including compensation paid or payable for personal services, whether denominated as wages, salary, commission, bonus or otherwise, periodic payments received pursuant to a pension or retirement program, rents, proceeds of insurance and contract payments.