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froberts32
Joined: 15 Jun 2009
froberts32's page
Posts: 1
45 Magic Points
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Subject: Can a credit card company garnish a Federal Retirement Annui
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Mon Jun 15, 2009 11:41 pm
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| I'm retired Civil Service receiving an annuity that is not enough to meet my monthly expenses due to the rising cost of living. If I stop payment on my credit card can a credit card company garnish or attach a payment to my Civil Service Annuity? |
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rachael
Joined: 11 May 2009
rachael's page
Posts: 233
6576 Magic Points
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Tue Jun 16, 2009 4:17 am
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Hi froberts,
Welcome to the Forum 
As far as I know, according to the Federal Trade Commission, federal retirement annuities are exempted from garnishment. You can check out the following link to find, which are the federal benefits that cannot be garnished by creditors: http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre18.shtm
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Looking forward to a debt-free life. |
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froberts
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Wed Jun 17, 2009 9:42 am
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| Thanks for the rapid response and answer to my question, I'm satisfied knowing that I'm protected... |
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sandra roth
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Subject: annuity garnishment
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Thu May 06, 2010 7:45 pm
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| i owe $2,000 on a student loan. it is 35 years old. i was sued for the money (now at $7,000. with interest) i am retiring in three months can the law firm garnish my retirement ? they had a garnishment order for my pay at work, but i told them i would pay cash if they wouldn't garnash my wages, now they refuse to talk to me when i call for the payoff. so when i retire can they still go in and garnashment my retirement money? |
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Aaron
Joined: 08 Feb 2010
Aaron's page
Posts: 2632
48563 Magic Points
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Subject: garnishment
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Fri May 14, 2010 11:35 am
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Hi,
Can you tell the date of first delinquency? This debt may have passed the Statute of Limitations (SOL). SOL is the time limit within which a debtor may be able to sue you for non payment of the dues. It starts from the date of first delinquency.
However, generally speaking retirement cannot be garnished. Still, you can check the garnishment laws in your state on retirement.
Thanks,
Aaron
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Shirley Mandel
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Subject: garnishment of civil service retirement annuity for student
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Mon Sep 13, 2010 7:01 pm
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| Can my civil service retirement annuity be garnished for a student loan. I was old and sick when I went to school; age and disability discrimination out there is brutal in the job market. Help! I can't find a job and I only get enough retirement to pay my rent and buy food. |
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Aaron
Joined: 08 Feb 2010
Aaron's page
Posts: 2632
48563 Magic Points
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Subject: civil service retirement annuity garnishment
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Tue Sep 14, 2010 9:33 am
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Hi Shirley,
Generally, civil service retirement annuity or benefits cannot be garnished. However, rules vary according to the states. The garnishment will also depend on the type of debt. If it is a government debt then federal benefits can get garnished.
You can try debt settlement. Debt settlement lowers the outstanding debt amount by 40-60%.
Thanks,
Aaron
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scottyboy66
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Subject: garnishment of my annuity
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Sun Nov 21, 2010 5:01 pm
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| can my annuity, which i am in the process of cashing in, be affected if i have a garnishment from a credit card company? |
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Curious
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Subject: Garnashee Orders
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Mon Mar 21, 2011 12:10 am
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| If an employer pays a garnashee order after a bankruptcy number has been provided, are they liable to pay the money back to the employee? |
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June
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Subject: car payments deficiency after loss of car
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Sun Jan 29, 2012 2:21 am
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my car was impounded when a friend drove without valid license.
I couldn't pay for release,so it was sold. The bank wasn't interested in buying it, but now are after me for remainder of $900 left on
contract. I have only soc. security and pension and made some small payments for awhile but found I couldn't continue. Can they attach my pension or what is my best action? |
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