JUDGEMENTS ON RETIREMENT FUNDS in CA.

Submitted by jdfel on Wed, 04/21/2010 - 19:52
Forums

Can a bank acct. with only SS & union pension funds be taken in CA. by JUDGEMENT ? JOHN FELSTOW

Hi jdfel,

Social Security and pension funds cannot be garnished as such by creditors or lenders. However, if you owe any money to the government, then government may garnish your Social Security income and retirement money. It can also get garnished for alimony, and child support purposes.

Garnishment laws vary according to state. Thus, you need to check your state garnishment laws.

Hope this helps.

Regards,

Aaron

Thu, 04/22/2010 - 07:13 Permalink