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Mar
Stimulus Check Garnishment. These stimulus checks are extremely important for those who have lost their jobs because of the coronavirus and those who already have bills piling up. However there is a growing concern among people that debt collectors could garnish or utilize their stimulus checks even before they could use it to pay for necessities. Congress is poised to authorize new 1400 stimulus checks but some people with unpaid debts could have that money garnished this time. The House is due to pass the 19 coronavirus relief bill.
Past due payments on federal student loan debt were also exempt. Im Not a US. The first stimulus legislation spelled out that your check could not be used to offset certain debts to the federal or state governments such as for federal taxes you owe. The stimulus checks officially called economic impact payments are available to eligible Americans who earned an adjusted gross income of less than 99000 198000 if married filing jointly. Blocking debt collectors from grabbing that money has a simple fix according to the attorneys general. These stimulus checks are extremely important for those who have lost their jobs because of the coronavirus and those who already have bills piling up.
Stimulus Checks Are on the Way.
The House is due to pass the 19 coronavirus relief bill on Wednesday which includes a third round of direct payments. An attorney can help you deal with a lawsuit judgment or garnishment from a collection agency. Your stimulus payment cannot be garnished. The bill directs the Treasury Department to encode electronic payments so banks can identify them and protect them from being garnished by debt collectors. Stimulus Checks Are on the Way. Nacha TCH Lead Consortium Against Garnishing Stimulus Checks.