Ask Experts Questions for FREE Help !
Ask
    owossoguy's Avatar
    owossoguy Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Nov 18, 2011, 01:08 PM
    Credit cards
    Can a credit card company garnish my pension from a private employer or is that exempt like my Social Securty?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Nov 18, 2011, 01:10 PM
    Generally private pensions may not be exempt. Without knowing more about the pension or what state you live in its hard to give more info.
    sapphiregirl65's Avatar
    sapphiregirl65 Posts: 1, Reputation: 1
    New Member
    		  
    #3

    Nov 27, 2011, 11:42 AM
    I am not an attorney; however, I worked for one for a short time. I do not know if they can put a lien on your pension until you get it. However, they can garnish your wages rather it be a private employer or not.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #4

    Nov 27, 2011, 11:58 AM
    Quote Originally Posted by sapphiregirl65 View Post
    I am not an attorney; however, I worked for one for a short time. I do not know if they can put a lien on your pension until you get it. However, they can garnish your wages rather it be a private employer or not.
    Thank you for trying to help members here on AMHD. But since you are new here there are some things you need know.

    Different forums have different standards for answers. In the legal forums, answers need to conform to statutory law. This means we need to know location to be able to cite the correct law. Your response was inaccurate in a couple of ways. First, lien is not the correct term. Garnishment would be the correct term. Second, not all areas permit garnishments, therefore to say they can garnish salary may not be correct.

    Additionally, since the OP asked it would be assumed they are receiving a pension at this time.

    I'm not trying to discourage you from helping, but suggest that you browse around a bit and see how we respond to questions here some more before posting.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Which credit card companies use equifax or transunion or both for credit cards? [ 1 Answers ]

I want to establish credit on my own. I have tried with experian and have 10 hard hits got turned down because of insufficient credit historty and to many recent inquires. My equifax score is 787 My transunion is 770. My problem is I am new to credit and my present accounts are permissive user...

Credit cards that pull only experian credit reports [ 0 Answers ]

I know that some banks only pull 1 bureau for applications. Which ones that you know of only pull Experian?

What credit cards will approve you if you have negative items on your credit report. [ 1 Answers ]

I have poor credit and my credit score is barely over 500. I am in the process of paying off my debts. Anyone know of any unsecured credit cards I can get approved for?

Credit scores/no credit cards [ 1 Answers ]

If a person has never applied for a credit card, has always paid with cash, do they have a credit score at all, is this score a good credit score or a bad credit score?

Knowing which credit bureau is being checked when you apply for credit/Credit Cards [ 1 Answers ]

Which credit cards use only the trans union credit report for their cc applications? this knowledge may help me save part of my universe>:D

View more questions Search