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Generally, no; but pension payments should be kept separate from other monies.
Government provided benefits are protected from garnishment. Private pensions are also protected from garnishment in most states.
However, if the pension payment is made to an account which has non-pension monies in the account, there are legal difficulties in differentiating between the protected monies and un-protected monies, creating a collection (but not garnishment) opportunity.
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Can military retirement pay be garnished?
Can my military retirement be garnished by a non-government agency? Can my military retirement be garnished? military retirement pay can be garnished through the government. It can be garnished like everyone else's pay, through the courts at any level.
Can wifes pay be garnished for husbands debt?
If the debt is on a shared account, then yes, the wife's pay can be garnished even if the husband was the one who ran the debt up.
Can your pay be garnished in Florida if you are a contractor?
What you do for a living means nothing. If you have a debt that is garnished, the money will be taken. If the garnishment is for taxes, you should have paid them when you were supposed to.
Can a military annuity be garnished to pay a credit card debt?
No. It is exempt from judgements.
What happens to the decedent's debts if there is no money only the home?
Generally, the home must be sold to pay the creditors. If the heirs want to keep the home then they must pay off the creditors.
What happens if the party you are garnishing is already being garnished by other creditors in Colorado?
You may have to try a lien. Only a certain percentage of pay can be garnished & they are probably at the max.
Is there a minimum for garnished funds to be returned when a bankruptcy is filed?
Garnished funds will NOT be returned to you. If it was a significant amount, the bk Trustee can claw back that money and use it to pay your creditors. Otherwise, that money is gone.
If your only income is disability do you have to pay creditors?
yes. There are limits to how much of your disability income can be used, like there are limits on just about any type of income that can be seized, but it is available to creditors. It may be garnished too. And of course, if you have assets, (house/car/stocks/savings, etc) those may be taken to pay creditors too.
Can military retirement pay be garnished?
Can my military retirement be garnished by a non-government agency? Can my military retirement be garnished? military retirement pay can be garnished through the government. It can be garnished like everyone else's pay, through the courts at any level.
Can you withdraw from a 401K without consequence while in chapter 7 bankruptcy in Washington State?
NO, and you shouldnt. Pension and 401 accounts are out of reach of creditors. If you are to withdraw from your 401, that money would be subject to seizure by the trustee to pay off your creditors.
Can you have your wages garnished for not paying back a loan?
As you have showed the bank your salary form , and if you fail to pay the money the intrest you should pay to the bank , then your pay will be garnished.
Your ex-husband was having his wages garnished by court order and now he does not pay them?
He does not pay who, since his wages are garnished? see link
6th pay commission pension rules?
which dat of declier of 6th pay commission pension
Will you pay taxes on your pension?
Yes could have to pay some income taxes on your pension income.
Can vacation pay be garnished?
Any unused vacation time that you earned while you were working at the company, the company must pay you for. You earned it. They cannot legally withhold payment for it. See an attorney if they don' pay it.
Can wifes pay be garnished for husbands debt?
If the debt is on a shared account, then yes, the wife's pay can be garnished even if the husband was the one who ran the debt up.
What is chapter 7?
Chapter 7 bankruptcy protects you from creditors and sells your non secured assets to pay the creditors that you owe. If you do not own an assets, you will not have to pay the creditors and the debt will be forgiven.
