THANK YOU ! Again.
We all owe you a lot, Jack.
"Jack"
news: @ ...
> On Sat, 22 Sep 2007 09:10:29 -0500, "Herb"
>
>>Could you please again post the link to the portion of the SSA regs
>>regarding SSA funds not being subject to garnishment or seizure.
>
> OK, but keep in mind that there are exceptions, ., Federal debts
> and child support. Also, people in this newsgroup have experienced
> problems with their banks caving-in to their commercial creditors,
> even when the SSA funds are kept in a segregated account. Having said
> that, one newsgroup member claims that a Supreme Court decision ruled
> against those creditors who are not exceptions. I think it was
> "nonna yabisness" who mentioned it but don't recall the name of the
> case. You may want to search group archives, or google something like
> "Assignment of SSA benefits Supreme Court decision."
> __________
>
> If you go to your bank for a segregated account, cite the actual
> section of the law which is 42 USC 407
>
> /socsec/act/
>
> ASSIGNMENT
> SEC. 207. [42 . 407] (a) The right of any person to any future
> payment under this title shall not be transferable or assignable, at
> law or in equity, and none of the moneys paid or payable or rights
> existing under this title shall be subject to execution, levy,
> attachment, garnishment, or other legal process, or to the operation
> of any bankruptcy or insolvency law.
>
> (b) No other provision of law, enacted before, on, or after the date
> of the enactment of this section[116], may be construed to limit,
> supersede, or otherwise modify the provisions of this section except
> to the extent that it does so by express reference to this section.
>
> (snip)
> _______
>
> Subsection (b) above provides for the exceptions.
> _________
>
> This URL below is not a regulation, but is information from the SSA
> web site:
>
> From their web site:
>
> /edf8p
>
> Can Social Security benefits be garnished to pay a debt?
> ________
>
> Further reading from the POMS:
>
> https:// /apps10/ /lnx/0202410001
>
> GN Assignment of Benefits