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

    Aug 11, 2008, 08:16 AM
    Garnish Pension?
    I understand that Medicare/Social Security cannot be garnished--I just discovered that my 84 year old Dad has over $15,000 in credit card debt---his minimum is $350+ per month.
    He cannot pay any more that $100 per month now due to illness. How do I arrange this payment for him and can the credit card company garnish his pension?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Aug 11, 2008, 08:18 AM
    If they obtain a judgement against him they may be able to garnish a private pension.

    $100/month will probably not cover the interest on $15K. So I would contact a credit counseling servie to get the, to freeze his account so your payment can reduce there amount owed.

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!

Foreign pension [ 1 Answers ]

Do you have to claim as income money that you receive from a foreign country from a pension?

Can a pension be garnished? [ 5 Answers ]

Last night a deputy served papers to my mother on an account of my fathers (he is now in a rest home with alzheimers and not competent to sign anything), my mother is not named in the suit and is not on the account. Is his pension subject to garnishment? The rest home gets most of it now, along...

Collection agency garnish pension? [ 16 Answers ]

I am retired & get social security & a pension that is direct deposite in a joint account. My pension is funded by a government agency called: P.B.G.C. ( pension benefits guarantee corp.) They took over my pension when Bethlehem Steel went bankrupt) I owe $3,000.00 for several years to some...

Her pension vs no pension [ 1 Answers ]

My friends is getting divorced and being sued for infidelity. His wife has a great teachers pension. What percent do you think he may be entitled to. The point is they have 2 houses and land, but she is the bread winner. He wants to keep the primary home. They live in NY. I doubt the charge...


View more questions Search