Credit Card Dept

Date: Wed, 01/26/2011 - 07:45

Submitted by roxxyp-lace
on Wed, 01/26/2011 - 07:45

Posts: Credits: [Donate]

Total Replies: 2

I am 100% totally disabled. I am in dept over $25,000 to 2 credit companies. Can the garnish any payments from my Social Security disability check or from my disibility check I receive from the company I worked for when I became disabled. The credit card colection agency's call almost every day. I cannot pay them any amount of money unles I go without medication, or food, or rent..etc.

Creditors are not able to garnish social security disability ben

Creditors are not able to garnish social security disability benefits, except under very specific circumstances. Credit card companies, finance companies, auto lenders, etc, can never garnish SSI. Do you have a checking account? If they take you to court and win a judgment, they may be able to levy your bank account. You could have that levy reversed due to the only funds being deposited into your account are SSID but, it's a hassle. You may simply want to let these people know that you are judgment/execution proof. See the letter below.

Quote:

Today???s Date
Your Name
Street Address
City, State, Zip

Collector??? or Creditor Name
Address
City, State, Zip

RE: Account {insert account name and/or number}

Dear Collector or Creditor,

I am writing in response to your (letter or phone call) dated {insert date}, (copy enclosed) about the above referenced account. I am unable to pay on this account due to {insert reason here i.e. unemployed, disability} . This is a {permanent or temporary} situation.I also hope to save both of us a great deal of time, energy and expense by letting you know that I have no attachable income or own any assets such as a home, car or land; essentially I have no money and can prove it! In accordance with the Fair Debt Collection Practices Act, 15 USC 1692c, 805(c)

(c) CEASING COMMUNICATION. ???If a consumer notifies a debt collector in writing that the consumer refuses to pay a debt or that the consumer wishes the debt collector to cease further communication with the consumer, the debt collector shall not communicate further with the consumer with respect to such debt??????

Although I agree that I owe this debt, I am unable to make any payments toward it and therefore ask that you cease further communication with me concerning this debt. I will notify you if my financial situation improves enough to allow me to begin or resume making payments. Thank you for your understanding in this matter.

Sincerely,

Your Printed Name

lrhall41

Submitted by OhioGal1 on Wed, 01/26/2011 - 08:04

( Posts: 5253 | Credits: )

Thank You OhioGal1

Thank you so much for your speedy reply. You have made my day! I was so woried about this situation with the credid company's. You gave me great information.

lrhall41

Submitted by roxxyp-lace on Wed, 01/26/2011 - 09:17

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