Generally, if a debt collector sues you over a past due debt and wins a judgment against you, your bank cannot be ordered to take your Social Security payments or income you may receive from a pension or some other retirement fund to satisfy that judgment. However, federal benefits may be seized under certain circumstances -- to pay any delinquent taxes, student loans, spousal support or child support you may own, for example.
Thanks for your question. Please get in touch again if you need additional information.
Learn how debt collection laws can help you! This website does not provide legal advice. All information is for educational purposes only. Copyright 2007 - 2021 by Mary Reed and Gerri Detweiler. All rights reserved.. Read our Privacy Policyhere. Do not sell my information.