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How long can your Social Security benefits be garnished to pay student loans?
Wiki User
∙ 11y ago
Once a garnishment order that involves federal matters is executed it remains in affect until the debt is paid in full or the debt is forgiven under the existing laws for federal student loans.
In rare cases debt for federally funded student loans are cancelled when it can be proven by the debtor that he or she due to some extreme circumstances (physical impairment for example) will never be able to meet the financial obligation.
Wiki User
∙ 11y ago
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Can social security benefits be garnished from bank after direct deposit?
No
Can social security disability ever be garnished for alimony?
Yes, social security disability benefits can be garnished to pay alimony or child support obligations. The government allows up to 50% of your disability benefits to be garnished for this purpose.
Are Social Security benefits attachable?
In general, Social Security benefits are protected from being garnished or attached by creditors. However, there are some exceptions, such as for outstanding federal debts, child support, and alimony. State laws may vary on the extent to which Social Security benefits can be garnished.
Can social security disability benefits be garnished if you have a trust fund at the bank?
no
Can Social Security Disability benefits be garnished in Utah?
If the debt relates to tax arrearage and/or child support then yes, SSD benefits can be garnished via a court order. SSD cannot be garnished for creditor debt.
Can child support be garnished from non-custodial parent social security benefits if so at what percentage?
In NYS yes.
Can your Social Security payments be garnished to pay credit card debt?
No. SS, SSD or SSI benefits are not subject to garnishment for creditor debt.
Can disability benefits be garnished in Arizona?
SSD and other Social Security benefits are exempt by federal law from garnishment by judgment creditors. The exception is IRS garnishment for tax arrearages and court ordered child support. Private disability benefits such as WIC are generally exempt as well, but state laws determine if they are exempted in total or percentage. Social Security benefits can and are garnished for past due child support. SSI cannot be garnished.
Can social security take your check if you are a co-signer on a student loan?
If you are on social security you should not be cosigning on a student loan. You would be guaranteeing that if the student doesn't pay off the loan you will. The federal government can garnish your social security benefits to recover student loan payments.
Can senior citizen's Social Security and pension benefits be garnished for non payment of credit card debt?
No. If a creditor other than the federal government tries to garnish your Social Security benefits, inform them that such an action violates Section 207 of the Social Security Act (42 U.S.C. 407).
Can a co-signers Social Security entitlements be garnished and made to pay a car in full after repossession?
ssa-custhelp Section 207 of the Social Security Act (42 U.S.C. 407) protects Social Security benefits from assignment, levy, or garnishment. However, the law provides five exceptions: **child support and tax debt and other govt. debts.** The Social Security Administration's responsibility for protecting benefits against legal process and assignment usually ends when the beneficiary is paid. However, once paid, benefits continue to be protected under section 207 of the Act only as long as they are identifiable as Social Security benefits. This applies to money in a bank account where the only payments into the account are from direct deposit of Social Security benefits. NOTE: Supplemental Security Income payments cannot be levied or garnished.
Can a collection agency take your social security in Washington?
No. Social security and social security disability CAN NOT be garnished by a collection agency, BUT the Federal government can garnish it for child support, back taxes, unpaid student loans or any other money for which it is owed. SSI on the other hand CAN NOT be garnished by anyone, not even the Federal government since it is awarded by need. Hope this helps, Lsqud in PA
