If you’re getting Social Security or SSI (Supplemental Security money) it’s likely that you might be living on a hard and fast income. You may be worried that the creditor will garnish your social security or disability checks if you owe creditors for medical bills, credit cards or personal loans. The positive thing is federal legislation protects your Social Security your your retirement, impairment and SSI advantages of being moved by regular creditors. Area 207 regarding the personal protection Act forbids creditors from being able attach, garnish or levy funds from Social protection. Then you do not need to worry that your Social Security or SSI will be garnished if you owe money to credit cards, medical bills, payday loans, personal loans, debt from repossession, and foreclosure. Under federal legislation regular creditors cannot connect or seize funds from your own Social Security advantages.
Does that Mean Your Social safety is Protected from Any Creditor?
First you will need to figure out what advantages you will be getting to understand whether your advantages can be subject to garnishment by the government or for many debts. [Read more…]