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Tuesday, January 04, 2005

Can my income be garnished by credit card companies?

Author: fws45
Joined: 26 Mar 2004
Posts: 2Location: sc
Posted: Sat Mar 27, 2004 9:38 am
Post subject: GARNISHMENT OF 1099R

Although I no longer live there, I receive a monthly retirement payment from the state of Illinois from my annuityUnfortunately, I am on a fixed income from them for 3 more years and this is my only income. Can credit card companies garnish or attach any of this if I fall into arrears?

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Author: NightStar
Forum Moderator
Joined: 07 Nov 2003
Posts: 2132
Location: Illinois
Posted: Sun Mar 28, 2004 9:34 am

I don't believe they can, but it would not hurt to contact a lawyer to confirm on this.

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