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No, a credit card company generally cannot garnish student loan funds that are disbursed to you for educational expenses, as these funds are typically protected for their intended use. However, if you withdraw the funds and deposit them into your personal bank account, they may become subject to garnishment if you default on your credit card debt. It's important to keep student loan funds separate and use them solely for educational purposes to maintain their protected status. Always consult a legal professional for specific advice regarding your situation.
What else can I help you with?
Can grandparents receive a tax deduction for contributing to college expenses?
No, grandparents cannot receive a tax deduction for contributing to college expenses unless they are the legal guardians of the student.
If you receive Disability Income from a Long Term Disability Insurance Policy can creditors garnish the monthly income from this policy?
The answer to your question is yes. If creditors can garnish your wages if you were working, then they can garnish the income you receive from your disability provider as well. The same procedures they would have to go through to garnish your wages from your employer, they would go through the disability company (filing court documents). Unfortunately, creditors consider any income you receive, working or not, as income.
If you don't pay an old credit card bill can your employer garnish your pay check before you receive it?
If he has received an order to garnish your pay, which always happens before you receive it, he must do so by law.
When your home forecloses and your RV is repossessed can the loan company garnish your bank account for debt still owed on them?
Yes, if they receive a court judgment in most states it can be used as a wage garnishment.
Can a credit card garnish your wages for unpaid debt in Illinois?
Yes, after they sue and receive a judgment they can garnish wages up to 25% of the person's take home pay.
Can grandparents receive a tax deduction for contributing to college expenses?
No, grandparents cannot receive a tax deduction for contributing to college expenses unless they are the legal guardians of the student.
I was just released from a five year prison term, can I receive grants for clothing , a vehicle, and living expenses while attending college?
i was just released from prison can i get grants for living expenses while attending college
Do college students receive per diem?
No. Per diem is used to reimburse employees for business expenses. A small percentage of college students are on scholarships that pay an allowance for food, housing, and personal expenses. Typical amount is $15K/yr.
If you receive Disability Income from a Long Term Disability Insurance Policy can creditors garnish the monthly income from this policy?
The answer to your question is yes. If creditors can garnish your wages if you were working, then they can garnish the income you receive from your disability provider as well. The same procedures they would have to go through to garnish your wages from your employer, they would go through the disability company (filing court documents). Unfortunately, creditors consider any income you receive, working or not, as income.
If you don't pay an old credit card bill can your employer garnish your pay check before you receive it?
If he has received an order to garnish your pay, which always happens before you receive it, he must do so by law.
Can a credit card company garnish your wages if you work and receive public assistance?
Sure, why not? Every time you sign a receipt you agree to repay the credit card company. If you don't make your payments, they have the right to get the money from you via garnishment.
When your home forecloses and your RV is repossessed can the loan company garnish your bank account for debt still owed on them?
Yes, if they receive a court judgment in most states it can be used as a wage garnishment.
Is there a website to keep track of my business travel expenses?
Yes, you can supply you and/or your company with receipts and details about any trips. This will allow you to receive reimbursements from your employer.
Can self employed people get unemploment?
they can receive garishment paperwork, but will not garnish themselves. There is no repocushions
What is financial aid for college?
Financial aid is money you receive to help pay off your expenses. It can be in the form of loans, grants or scholarships. Loans have to paid back later.
Can a credit card garnish your wages for unpaid debt in Illinois?
Yes, after they sue and receive a judgment they can garnish wages up to 25% of the person's take home pay.
Why can't someone garnish an independent contractor's wages in Texas?
Because they do not receive a salary that can be garnished.
