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Social Security benefits are protected when it comes to private debt such as medical costs, car loans and credit card bills. In these cases, creditors can get a court order to garnish money from ...
Court-ordered child support or alimony: The federal Consumer Credit Protection Act allows garnishment of up to 50% of your benefits if you are supporting a spouse or child apart from the subject ...
Alimony and child support: If you owe alimony and/or child support, the Social Security Administration (SSA) may garnish your benefit if ordered to do so by the court.
Although SSI benefits can’t be garnished, that’s not the case with other types of Social Security payments. As previously reported by GOBankingRates, the SSA can garnish current and continuing ...
The minimum benefit is $50 per week, and the maximum benefit is updated each year. The "base period" for determining benefits is defined as 12 months divided into four consecutive quarters, excluding the quarter immediately prior - i.e., the lookback period is ~17 months pre-disability up to ~5 months pre-disability.
The quick answer: It depends on the nature of your debt.
It's not just alimony payments that put you at risk of losing benefits Alimony isn't the only obligation that might trigger a garnishment of your Social Security benefits. If you owe money in ...
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