by Christopher Jackson, JD If a creditor attempts to garnish your income or benefits, you have the ability to object to the garnishment within 14 days. In order to object to garnishment, you have to do so on very specific grounds. With a legitimate objection, you could prevent your income from being garnished. Many creditors will also attempt to garnish your savings or other bank … Continue reading Bank Garnishments Explained, Part Three: When Can You Object a Garnishment?
by Christopher Jackson, JD While garnishment merely requires a court order to occur, you might still have protection against creditors following a judgment against you. Some sources of income are protected from garnishment under federal law, such as Social Security benefits, Supplemental Security Income (SSI) benefits, and Veterans’ benefits. For most seniors, the implications for their Social Security benefits are of their highest concern. Under … Continue reading Bank Garnishments Explained, Part Two: What is Protected From Garnishment?
by Christopher Jackson, JD The cost of living for Americans continues to increase. Whether it is from energy, food, housing, or just their day-to-day bills, many individuals are facing mounting balances on credit cards and other debts. Creditors or debt collectors may attempt to collect any past due balances through a process called garnishment. Understanding what garnishment is, who can garnish your income, and what income … Continue reading Bank Garnishments Explained, Part One: What is Garnishment?