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Are pension benefits subject to garnishment for credit card debt?

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No.
All Social Security benefits, RRB, government civilian, military, all disability and some private pensions are not subject to creditor action. States establish exemption laws, therefore some private pension plans are not fully protected by federal law and can be subject to creditor garnishment. All such benefits should be held in a separate account and made by automatic deposit. Exempted income should never be commingled with other funds, as this can result in a bank account being "frozen" by the court until an assessment is made as to what percentage of the funds are exempt from garnisment. (Exemption laws do not apply to federal or state tax arrearages, child support or in some cases spousal maintenance.)
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I have credit card debt and I let the bank reposses my home. Can the creditors garnish my disability and pension plan payments be garnished?

Answer   Credit card companies can't touch your bank account. They can threaten and do many other things like garnish your wages (if you have a job), send you to collecti

Can pension benefits be garnished for a credit card debt?

Garnishing Pension Payments     The short answer is NO. All Social Security benefits and most private pensions are exempt from creditor judgments.     SS, SSi

Can Social Security benefits be garnished for a credit card debt?

  Answer       NO!     First of all a collection agency does not have legal power to attach or seize any property belonging to a debtor. Due process o

Can credit card debt be garnished in Missouri?

I am currently being garnished for credit card debt in Missouri. 25% of my disposable pay is taken every two weeks plus all the fees my payroll office charges. What is laughab

Can pension benefit be garnished for a car loan debt?

No I no this is true yet a one Calvary collection agency is threatening to sue.. And force me to pay I am sick of scam corporations threatening people that have already lost w

Can disability benefits be garnished in California for credit card debt?

No. Disability benefits are exempt from garnishment by a creditor. Note: Even though such benefits are immune to creditor attachment if the beneficiary comingles their funds i

Can IRAs be garnished for credit card debt?

Any individual savings account can be garnished against defrauding a credit card company. Retirement money from corporate plans can not. Defrauding a credit card company is

Can a pension be garnished for a credit card debt?

All Social Security pensions and benefits are exempt from creditor judgment by federal law. Military pensions, federal government pensions are also exempted from creditor atta

Can credit card companies garnish pension in state of California?

In some cases, yes. When creditors sue the debtor and receive a judgment order from the court they can implement it as a wage garnishment against pensions that are not protect

Can a pension be garnished by credit card?

No, SS, military, railroad, government and most private pensions are exempt from creditor judgments/garnishments. There are exceptions in a few states as to private pensions,