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How to deposit social security checks in bank so that they aren't garnished by creditors?

larry · Joined: 27 Jun 2007 Posts: 3322 474.67 Dollars($)

Hi webber,

Welcome to the forum.

As far as I know Social security funds are not subject to garnishment. Only the Government can garnish your social security funds if you don't pay the Federal taxes or child support.

Feel free to ask if you have any further questions.

Best of luck,
Larry

gmakerley · Posted: Sat Apr 26, 2008 4:24 am Post subject:

webber, i think you are actually referring to the garnishment that might be placed on your bank account after the social security deposit is made...is that right?

the only way i can think of, off the top of my head, is for your deposits to be made to an account that is not your own; but which you have access to in some way.

Jeanette · Posted: Sat Apr 26, 2008 5:34 am Post subject:

Hello Weber,

As Larry stated your social security check is exempt from garnishment but there are exceptions listed below.

I hope this is helpful.

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Jeanette Smith
Mortgage Planner
Union Mortgage Group

jbarto65 · Joined: 04 Nov 2007 Posts: 622 -0.15 Dollars($)

You will need to let the bank know that has your account that these are actually social security funds that are not to be garnished, they may not be aware, you should make them aware that they are actually social security benefits, then they can watch out for any attempts of garnishment.

fireyone_02 · Joined: 20 Mar 2008 Posts: 280 2.09 Dollars($)

Thats about the best way to do it. Other than that I can not think of anything else myself.

jbarto65 · Joined: 04 Nov 2007 Posts: 622 -0.15 Dollars($)

The bank does not know what deposits are what, you definately have to point it out to them just to be safe.

fireyone_02 · Joined: 20 Mar 2008 Posts: 280 2.09 Dollars($)

This is true..thats why I say only deposit ss checks in one account with no other deposits. It would be easier for the bank to be aware of what that account consisted of. These days it is like pulling teeth to get help from anyone including your bank.

jbarto65 · Joined: 04 Nov 2007 Posts: 622 -0.15 Dollars($)

it will be up to you as the social security reciever to go to the bank and make sure that the bank is aware, I would go directly there and make sure that they know that it is social security and that it is not to be touched as far as any type of garnishments.

fireyone_02 · Joined: 20 Mar 2008 Posts: 280 2.09 Dollars($)

Maybe it already is. I don't think they have come back.

jbarto65 · Joined: 04 Nov 2007 Posts: 622 -0.15 Dollars($)

Probably not, we usually end up with the ones that post questions that end up where we don't hear from the original poster again. If I took the time to post a question, I would come back to see if anyone answered me or not. Hopefully the original poster will come back and see us.

fireyone_02 · Joined: 20 Mar 2008 Posts: 280 2.09 Dollars($)

I know what ya mean. Ithink sometimes they forget to bookmark a site and then can't refind it.

jbarto65 · Joined: 04 Nov 2007 Posts: 622 -0.15 Dollars($)

True, did not think of that, maybe they have lost their way and don't know where they posted it.

erb1953 · Joined: 24 May 2008 Posts: 79 0.19 Dollars($)

Social security is a non garnishable income, but it will definately be on the person who is recieving the benefit to make the financial institution aware that this is the income that is coming into the bank account wether by regular or direct deposit.

If the individual is not capable of letting the bank know then their representative or payee should take on this responsibility. If this is the case then a power of attorney should be done and the bank should be aware of the power of attorney. It is not the bank or the financial institutions responsibility to seek this information and they will not take the time.

It will be almost impossible to recover the money once it has been withdrawn so taking care of this is vital right from the beginning. If this does happen to you then maybe you can file a dispute of charges at the bank and hope that you can have your money refunded. But to be safer take the proper steps prior to this happening, you will be better off.

jbarto65 · Joined: 04 Nov 2007 Posts: 622 -0.15 Dollars($)

Could not have said it any better erb, but I never thought about the people who do not have the capability to do it on there own, thank you for bringing them to our attention. I suppose there are alot of people out there who are in this situation. great points here.

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How to protect social security from garnishment