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Yes, that is true but the bank can go to court and get a judgment against you then call the county sheriff to go to your house and seize your personal assets from your house to satisfy the debt!

No.

Not directly but according to Carol:

http://www.creditmagic.org/garnishment/card-debt.html

Social security benefits can only be garnished for recovery of Federal Taxes and alimony and child support obligations but, it cannot be garnished for recovery of credit card or any other types of debt. However the creditor can bring judgment against you to garnish your bank account. If the creditor garnishes your bank account then your account may be debited in full whenever any money gets credited in the account.

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Q: Can retirement income be garnished by creditors?
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Related questions

Can a retirement check be garnished?

Yes, retirement checks can be garnished by certain creditors, such as the IRS for unpaid taxes or by court order for delinquent child support or alimony payments. However, federal law offers some protection for certain types of retirement accounts, such as Social Security benefits, from being garnished by most creditors.


Can income received from a teacher retirement fund be garnished in foreclosure or bankruptcy?

Yes


Is social security retirement income allowed to be garnished for alimony arrears and payments?

no


Can NC Dept of revenue garnish retirement income?

Yes, the North Carolina Department of Revenue can garnish retirement income to satisfy unpaid taxes. They have the authority to collect delinquent taxes by garnishing wages, bank accounts, and other sources of income, including retirement income. However, there are certain exemptions and limitations on the amount that can be garnished from retirement income.


Can your retirement income from a government county in California be garnished?

Yes, retirement income from a government county in California can be garnished for certain types of debts, such as unpaid taxes, child support, or federal student loans. However, there are certain protections in place that limit the amount that can be garnished. It is recommended to seek legal advice to understand the specific laws and protections that apply in your situation.


Can military retirement pay be garnished?

Can my military retirement be garnished by a non-government agency? Can my military retirement be garnished? military retirement pay can be garnished through the government. It can be garnished like everyone else's pay, through the courts at any level.


Can retirement in Alabama be garnished?

Retirement and pensions cannot be garnished in the state of Alabama. Alabama also limits the amount that can be garnished from wages.


What can and cannot be garnished from your retirement?

Monthly child support payments can be garnished from retirement.


If your only income is disability do you have to pay creditors?

yes. There are limits to how much of your disability income can be used, like there are limits on just about any type of income that can be seized, but it is available to creditors. It may be garnished too. And of course, if you have assets, (house/car/stocks/savings, etc) those may be taken to pay creditors too.


Can a union funded retirement income be garnished?

The best answer I can give you is that it depends on the state you are in. Call an attorney as you will need some help.


In Florida can courts garnish retirement income?

Question is not clear. Are you asking if the STATE of Florida can garnish your wages or are you asking, can your wages be garnished IN Florida?


Can unemployment be garnished in the state of Nevada?

No - unemployment compensation is exempt and cannot be garnished by creditors.