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Social security is able to be garnished. This was part of the Debt Collection Improvement Act of 1996. Honestly, for ethical and logical reasons, it is dumb that they can. 'Robbing Peter to pay Paul' is how one could describe it.
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∙ 12y ago
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Can SSI be garnished for a 18 year old student loan?
No.
can a credit card company garnish my disability social sercurity?
YES I AM ON SSI AND THE PEAOPLE TOLD ME THA THEY CAN TAKE MY SSI TO REPAY MY STUDENT LOAN
Can you get a loan against your ssi benefits?
i draw ssi benifits can i get a loan drawing only 698 a month?
Can you get a loan on your ssi?
You usually cannot get a loan on your SSI, though some payday loan companies may allow it. You can use it as your income source for the purpose of getting a loan.
Can you get a payday loan on your USDirectExpress SSI card?
yes
Can social security and disability checks under 750 be garnished for defaulted student loans yes or no?
The answer is NO, SSI will NEVER be garnished, except to repay SSI overpayments, which can be recovered by a 10% reduction of benefits. SSI will NEVER be garnished for student loans, back taxes, etc.Regular social security payments (NOT SSI) can be garnished IF you draw MORE than $750/month. If you make LESS than $750/month, nothing can be taken from your earnings. A garnishment can take 15% or the amount OVER $750, whichever is less to repay a "non-tax" debt, such as a student loan.
I have been on ssi for ten years how will it affect my ssi if you get married?
if i get married will my son loose his ssi he is 8 yrs old
Can SSI payments be used to qualify for a home loan?
SSI is a valid income source and can be used to qualify for a home loan. With most lenders you can even use 25% more than the actual income amount to qualify since SSI is not taxed like other income types (this evens the playing field since employed people use their gross income when its known that it will be taxed before they can use it to repay the loan).
Are student loans forgiven if you receive SSI?
No, but SSI isn't exempt from garnishment for student loans. In some instances federally funded student loans can be forgiven if the borrower becomes mentally and/or physically impaired to the point where he or she will never have sufficient ability to work and if a doctor will sign off on the disability. Edit: SSI CAN be garnished for federal student loans. This was part of the Debt Collection Improvement Act of 1996. Edited wording for total and permanent disability qualifications.
You are on ssi and haven't seen a child in 12 years he lives with a niece can they take your ssi money for childsupport?
nope
Can my SSI benefits be garnished for a Defaulted Student Loan I am being harrassed on a daily basis by Pioneer Credit, and they are threatening to garnish My SSI, which is my only income, as I am unable to work....?
The following answer was found online, "Social Security benefits can be garnished to repay Federal debts, but never below $750 per month. A garnishment can take 15%, or the amount over $750, whichever is less."
Can a high interest loan Co. take my disability if I can't pay?
No...no company can take any money from you if you get disability, ssi or welfare
