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"can my bank take my ssi money if i owe them money

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Icon Mini Profile bdsnstuff





Joined: 13 Nov 2009

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1.33 Dollars($)
Post Posted: Fri Nov 13, 2009 4:36 pm    Post subject: "can my bank take my ssi money if i owe them money
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"can my bank take my ssi money if i owe them money from a currency exchange they did with me and now they want the money back because the bill was too old ,and ive already spent some of the money they gave me, and told mr they will take my ssi checks if they have too
Icon Mini Profile savior70





Joined: 25 Mar 2009

Posts: 1895
Location: Florida
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Post Posted: Mon Nov 16, 2009 4:47 am    Post subject:
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Hi,

As far as I'm aware of, social security income is immune from creditors. Your bank can sue you and can garnish your wages, but they cannot take your social security income. However, they can get a judgment against you and can take away your assets as well as money from your bank accounts.
Icon Mini Profile gmakerley
gmakerley
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Joined: 09 Nov 2007

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Post Posted: Mon Nov 16, 2009 9:41 pm    Post subject:
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savior is right. yes, they can seek and obtain a judgment against you and in the event of a default they can take any amount that is on deposit with them. if that includes your ssi receipts, so be it.
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George M. Akerley
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Icon Mini Profile Kasper_5277





Joined: 14 Nov 2009

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Post Posted: Tue Nov 17, 2009 6:57 am    Post subject:
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Yeah savior is right.
Icon Mini Profile gmakerley
gmakerley
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Post Posted: Tue Nov 17, 2009 9:15 pm    Post subject:
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buffalo bob used to call it "the peanut gallery." we can eliminate the "pea" and use the rest for what most of these inane posts are worth.
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George M. Akerley
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