Making Ends Meet

Questions & Answers

Question: If I am receiving Social Security income, can my creditors get a hold of it?

Answer:

No. In general, your Social Security income is protected from creditors. It may be even easier to protect such income if you have your checks deposited directly into your bank account. Social Security income can, however, be garnished for court-ordered child support, alimony or unpaid federal taxes.

October 11, 2006

Comments

On 5/26/08
Jim said
Grandma Catherine it is good to know, but they do it to me anyway. My wife and I are disabeled, and the bank and atty. take it all but $400. a month. By way of Credit card levies on my SS Direct Deposit.

On 2/26/08
Grandma Catherine said
Thank you this is very important for every senior to know?