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No..IRA or just about any qualified retirement account are free from judgments.

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17y ago

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Can credit card company garnish state retirement check in Florida?

Credit card companies could not garnish a retirement account at one time in Florida.


Can a credit card company freeze your bank account after a garnishment is ordered even if your credit card was not with that bank?

Yes, that is the way a garnishment works. When the credit card company sues you for non-payment of debt, they win a judgment. The judgment can be a garnish on your paycheck or your bank account. It makes no difference who you have a bank account with if they were awarded the garnishment by court.


In a judgment can a creditor get the money from a California retirement account?

I am unable to pay my utilities and credit cards and was wondering when the creditors place a judgement on me if my retirement money can be taken, it would mean then not being able to pay mortgage


Can a credit card company freeze your bank account?

A credit card company cannot freeze your bank account. However, it can sue you in court for any overdue balance. If the credit card company is successful, the court will issue a judgment lien that the creditor can use to freeze your bank account and seize any money you have on deposit. In fact, the judgment lien can be used to seize any assets you own to satisfy the lien.


If you have a joint checking account in Michigan can a credit card company freeze the account?

Yes, if a creditor wins a lawsuit and is granted a judgment, said judgment can be enforced as a bank account garnishment. A joint account (even a marital one) is subject to attachment to the extent of the debtor's share.


Can a credit union account be frozen because of a judgment?

Yes


What does it mean if a credit card company enters a judgment on you?

It means that you have that on your credit report for 8 years and that they have the right to collect the judgment from you.


Can a credit card company take you to court and garnish your check if you do not make arrangements to settle your account?

A credit card company can refuse your offer of settlement and proceed with legal action. They must win their court case and have a judgment declared against you before your wages or bank account can be garnished.


What is the name of a high interest retirement account in Omaha, NE?

Omaha School Employees' Retirement Systems(OSERS) is the high interest retirement account in Omaha,NE, it gives a 2% credit by multiplying the years of retirement.


can credit card co.garnish disability or retirement checks?

A credit card company may win a lawsuit against you to garnish your disability or retirement checks.


Can attorney place levy on bank account from default judgment unsecured credit account in the state of Texas in which the debtor lives?

Yes, in Texas, an attorney can place a levy on a bank account as a means to enforce a default judgment on an unsecured credit account. This levy allows the attorney to collect the specified amount owed from the debtor's bank account to satisfy the judgment.


If credit card company has a judgment against you can they intercept income tax return?

No, income tax refunds can not be held for credit card companies. Speak with an attorney about your specific situation. If you can not find an attorney, contact your local Bar association and they will refer you to one.