Social security benefits are not a garnishable income so you should be safe. They can still sue you and if they win they can do a sheriff sale to get their money back. The income is safe but your assets are not.
Who is the company that you are worried about and what is the money amount?
Subject: Can debtor collect from SSDI
Fri Jul 23, 2010 1:07 am
Discover Card represented by Weinberg and Reis. The amount was $4400 Oct. 2009 when I closed it and asked Discover to work with me but they refused. I don't know what they have added to it by now. I don't own anything except an old Jeep worth about $1500. What kind of property can they claim?
No Social Security Income is non garnishable. To find out the outstanding debt amount get hold of a copy of your credit report. If you can pay the outstanding debt amount you can settle the debt with the debt collector. Get the agreement in writing.
Your personal details (name, email address and phone number) will be delivered to the company advertised on the Creditmagic after ve agreed to go for the counseling session by filling out the no-obligation form. However, it is your discretion to accept or reject their services.
Not all the creditors/debt collectors agree to trim down the outstanding balances, interests, and fees payable by the consumer.
Consumers working with the debt relief companies can still be sued by the creditors/collection agencies.
Debt relief services may have a diminishing effect on the creditworthiness of the consumer. The total outstanding balance may increase as the additional fees get accrued.
The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.