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What is the procedure for a credit card company to levy a bank account if only Social Security income is in account? |
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A bank account can only be levied after due process of law. Which means a lawsuit filed, won, a judgment rendered,a judgment executed. Be that as it may, ALL Social Security benefits are protected by both Federal and State laws and are 100% exempt from creditor action. In other words,they can't touch the account.
First answer by Nikki. Last edit by Nikki. Question popularity: 31 [recommend question]
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Answers.com > Wiki Answers > Categories > Business and Finance > Personal Finance > Money Management > Credit > Credit and Debit Cards > What is the procedure for a credit card company to levy a bank account if only Social Security income is in account?
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