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    ninob123's Avatar
    ninob123 Posts: 3, Reputation: 1
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    #1

    Feb 2, 2007, 06:16 AM
    Bank Garnishment
    What funds are exempt from bank garnishment in Georgia?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Feb 2, 2007, 09:09 AM
    No funds in a checking or savings account in a bank are safe from garnishment in Georgia ( GA USA)
    mr.yet's Avatar
    mr.yet Posts: 1,725, Reputation: 176
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    #3

    Feb 2, 2007, 09:16 AM
    Safe from Garnishment



    Federal law makes Social Security benefits exempt from levy, garnishment, and assignment- 42 USC 407(a) states. "In general the right of any future payments under this sub chapter SHALL NOT be Transferable or assignable. AND NONE of the moneys paid or payable or rights existing under this subchapter shall be subject to execution, levey, attachment, garnishment, or other legal process, or to the operation of any bankruptcy or insolvency law".

    This means that even if a creditor or debt attorney, collection agency has a judgement against you they CAN NOT garnish your SS payments nor can they take the money from you after it has been paid to you; for example, the portion of your bank account that is attributable to your SS benefits is EXEMPT from LEVY OR ATTACHMENT
    ninob123's Avatar
    ninob123 Posts: 3, Reputation: 1
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    #4

    Feb 2, 2007, 11:46 AM
    Something must be exempt or the garnishment order would not state hold all property, money,wages, except what is exempt.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #5

    Feb 2, 2007, 12:57 PM
    Many things are exempt, a lot of your personal property, your checks from social security. If you would explain your situation it may clear it up,

    Are you 70 on social security or 25 working at kroger ?
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