It Depends Upon WhoвЂ™s Doing the Garnishing
Can your Social Security and retirement pay be garnished? In term: No. However in two terms: Well, possibly. Plus in a expression: Depends on whoвЂ™s doing the garnishing.
First, you are seen by them in Court
HereвЂ™s exactly just how garnishing works: A creditorвЂ”letвЂ™s phone him Mr. PotterвЂ”hauls you to definitely, state, the Bedford Falls Courthouse and wins a judgment against you. Let us call you George. We’re guessing there are some fans of this film It really is a life that is wonderful here.
Then your creditor asks the judge for an purchase to garnish your wages, bank-account, and just about every other assets you may possibly have, such as that dusty artwork in the hideous old frame, although the thing’s held it’s place in the Bailey family members forever.
Where You Could Win Some
What Pottercorp (aka вЂњTheyвЂќ) canвЂ™t take is federal advantage re re payments. WeвЂ™re chatting Social Security, veteranвЂ™s advantages, Railroad pension, and workplace of Personnel Management retirement.