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Joined: 05 Apr 2010
bullwhip4490's page
Posts: 1

30 Magic Points

Subject: credit judgement
Posted on Mon Apr 05, 2010 3:38 pm  

i olny got socail security and retirement penion going in my bank acount do they got let me kown if they garnish my bank acount and what i can do about it if they do

Joined: 10 Mar 2010
NightStar's page
Posts: 142
Location: Illinois

3176 Magic Points

Posted on Mon Apr 05, 2010 8:19 pm  

I know that disability is exempt from garnishment, the company may still try to freeze and take your savings out of the bank, but all you have to do is talk to the bank about your status and they will unblock the freeze and kick back denial letter to the company.

But it is a big headache waiting for funds to be un-freezed again, so so don't put all money in there that you need to pay bills. Might use money orders until you know they have tried and failed.
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dennis whipple

Subject: judgement on myself
Posted on Mon Apr 05, 2010 9:22 pm  

thank for your idea nightstar


Joined: 08 Feb 2010
Aaron's page
Posts: 2632

48565 Magic Points

Subject: credit judgment
Posted on Tue Apr 06, 2010 4:48 am  

Hi Bullwhip,

Generally speaking, both Social Security and retirement benefits cannot be garnished. However, this depends on state garnishment laws. Moreover, the Social Security and retirement benefits may also get garnished for child support and alimony purposes.

What you need to do is declare both to the bank and creditor or collection agency that, all your money comes from Social Security and retirement. However, its better to settle and pay off the debt.

Hope this helps.


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Joined: 26 Feb 2008
fireyone's page
Posts: 4246

140 Magic Points

Posted on Tue Apr 06, 2010 1:36 pm  

I would imagine that would depend on the amount of the debt. Social security does not pay enough to barely get by on. Of course a settled debt is always the best way to go, especially if not protected by your states statute of limitations. The could still sue even if they can not garnish and get a judgment. Those can hang over your head for many years.

Joined: 03 Nov 2007
goodnatured's page
Posts: 3931

601 Magic Points

Posted on Tue Apr 06, 2010 2:16 pm  

I think they depend on your getting annoyed and paying them off, I have someone calling me with a thick indian accent, in one message he said he was mike nelson from financial crime recovery, I do not owe any debt or anything that is past due so I am not real sure what they want.

The guy is really hard to understand and is contiuously calling, I plan on calling him back today to let him know that the pa attorney generals office will be in touch with him to represent me.

this guy is pathetic.

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