Garnishment of retirement funds

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Hali
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Subject: Garnishment of retirement funds

Mon Feb 08, 2010 6:48 pm

I get SS and a State Retirement can they garnish these if I don't pay my credit cards?

Aaron

Joined: 08 Feb 2010
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Posts: 446

8407 Magic Points

Subject: Garnishment of retirement funds

Tue Feb 09, 2010 4:38 am

Hi Hali,

Social security and state retirements cannot be garnished by anybody, under the federal law. Only the government has the right to garnish social security. Still it would be better for you to contact the bank where you have an account, where the social security and retirement money gets deposited. You need to let the bank know that the money that gets deposited into your account is a social security.

However I must add that your retirement benefits and social security can be garnished if you have an outstanding federal tax or alimony. But this can be done only after a judgment.

Did the creditor/collection agency contact you?
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