Needhelpinnm
Oct 2, 2012, 09:04 AM
I am a person receiving social security disability payments monthly. I have to use a wheel chair because of my disability. In February, 2008, after almost 20 years working part time at the same job, I was laid off. That money was used primarily to pay my credit card debts, and along with the recession and my disability, I could not find employment, and therefore could no longer pay my debts.
With the hope of finding another job, I used my savings to make the monthly payments to my creditors. With that gone and no other income available, I had to stop paying on my cards.
I now live on my monthly disability payments. There is no more money and there probably won't be. I was just notified that my bank account is being garnished. My social security deposit will be secure, but I wondered how long this garnishment will stay in effect? What if I receive an insurance settlement or an inheritance of some sort? I would really appreciate any information anyone has in this matter.
Thank you.
JustgettingbyNM
With the hope of finding another job, I used my savings to make the monthly payments to my creditors. With that gone and no other income available, I had to stop paying on my cards.
I now live on my monthly disability payments. There is no more money and there probably won't be. I was just notified that my bank account is being garnished. My social security deposit will be secure, but I wondered how long this garnishment will stay in effect? What if I receive an insurance settlement or an inheritance of some sort? I would really appreciate any information anyone has in this matter.
Thank you.
JustgettingbyNM