Thursday, September 20, 2012

Can debt collectors "steal" your Social Security?

Let's say you find yourself in the unfortunate position of being in loads of debt and all you have for income is social security.

Then, you get behind on your credit card bills.  So much so that debt collectors start calling your house.  You are unable to pay them, but then they threaten to sue you to take your social security check.  I have one simple piece of advice for those in this situation:

By and large--and you'll have to check with your state's attorney general's office--debt collectors who sue you cannot take your social security check.  Period.  No matter how much they threaten you, they cannot do this.
And if they do threaten you, call the Federal Trade Commission.

1 comment:

  1. Positive site, where did u come up with the information on this posting? I'm pleased I discovered it though, ill be checking back soon to find out what additional posts you include. debt collectors