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In some rare cases these can be garnished, but are not usually. Your income that is coming in from a job is generally what is garnished.

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10y ago

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Can money be garnished from safe deposit boxes?

Garnished, no, seized, yes.


Can social security benefits be garnished from bank after direct deposit?

No


Can a certificate of deposit be garnished in Ohio?

Perhaps not, but a possibility is having a 'lien' placed against the CD, so that whenever you decide to cash it in, the amount owed is taken 'off the top' before you get the remainder.


What is the plural of certificate of deposit?

Certificates of deposit.


Can Owner of deposit certificate sell it?

No. A Deposit Certificate cannot be sold. It can only be cashed by the person who took the deposit certificate so buying it would be a bad idea because if anyone else tries to cash the deposit certificate, the bank will not pay them.


How would you use a certificate of deposit?

well first you would start the start the deposit of your certificate. I would recomend waiting so your Certificate of deposit can mature with growth. Be sure to add the exact intrest rate of your certificate and be sure to use a calculator to determine your amount of the certificate deposit


What are the dimensions of a safe deposit box?

certificate of deposit


Do you have to pay taxes on a certificate of deposit?

Yes, you generally have to pay taxes on the interest earned from a certificate of deposit.


How do you say certificate of deposit in Portuguese?

Certificate of Deposit in Portuguese is "Certificado de Depósito".


Can a trust be named as the beneficiary of a certificate of deposit (CD)?

Yes, a trust can be named as the beneficiary of a certificate of deposit (CD).


Where can you obtain a certificate of deposit?

You can obtain a certificate of deposit (CD) from banks, credit unions, and other financial institutions.


What is a bank CD?

A CD refers to a Certificate of Deposit. It is a certificate given to you by a bank for depositing cash with them. They would pay you an interest for having the deposit with them.