Thursday, April 16, 2020

Where They Can't Take Your Stimulis Check

Some folks are scared that debt collectors will try to get their stimulus payments. This is a legitimate fear since collectors are generally scum. Back when I was a debt counselor I once spoke to a sick, widow in her 70s who was told by a collector that she should die so her debts could be paid by her executor.

But some state and local governments issued emergency orders at the end of last month in anticipation of the stimulus checks in an effort to stop all or some garnishment orders. They include recent legislation in Washington, D.C., Massachusetts, Texas and Las Vegas, and... a preexisting law in Delaware forbids garnishment orders directed to banks in that state.

Four other things that could help you if you're in that situation are in this article on MarketWatch.com today.


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