Debt Consolidation Forums Collection agencies and creditors forums

Will you lose your funds to the creditors?

member profile picture

My health condition is not at all good. I may have to retire soon. I owe $40,000 on credit cards. I will move to my son's house in Hermosa Beach, California after my retirement. Can the creditors garnish my SSN? I have around $10,000 in my checking account. Can the creditors touch that fund?

SS is exempt from garnishment. If that $10k is not SS funds, it would be garnishable.

Sub: #1 posted on Sat, 07/20/2013 - 05:21

Moderators Cum Industry Expert
(Posts: 17211 | Credits: 4746.38)

Should I offer $10,000 to settle the debt? Will the creditors accept this amount?

Sub: #2 posted on Mon, 07/22/2013 - 09:02


More information
  • Files must be less than 1.25 GB.
  • Allowed file types: txt pdf jpg jpeg png.
Post as a guest
This question (Case Insensitive) is for testing whether you are a human visitor and to prevent automated spam submissions.
Post as a member

Share post

Page loaded in 0.419 seconds.