That you are living on a fixed income if you are receiving Social Security or SSI (Supplemental Security Income) chances are. 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 the fact that federal legislation protects your Social Security your your retirement, disability and SSI advantages of being moved by regular creditors. Area 207 regarding the personal protection Act prohibits creditors from being attach that is able 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 attach 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 might be getting to learn whether your advantages can be susceptible to garnishment because of the government or for several debts. (meer…)