2007-11-26 06:15:04 · 7 answers · asked by PG 1 in Business & Finance ➔ Credit
With the limited info you have given, I'll expand a bit on what the first two posters mentioned, garnishing pensions depends several factors.
Type of debt (if it is a government type of debt or child support, any type of pension could possibly be garnished)
Type of pension
Your states exemption statutes.
If your state exempts the type of pension you have then they cannot garnish it.
You might do a google search for your states exemption statutes.
2007-11-26 06:48:52 · answer #1 · answered by echo 7 · 1⤊ 1⤋
The only "pensions" that cannot be garnished are
1) Social Security
2) Social Security Disability Benefits
3) VA Compensation benefits.
all other forms can be garnished.
2007-11-26 15:46:36 · answer #2 · answered by Sgt Big Red 7 · 1⤊ 2⤋
Of course wages can be garnished, if someone like a deadbeat dad for instance, refuses to pay child support or a person is way behind on his or her credit card bill, car, home or student loan payment.
2007-11-26 14:25:39 · answer #3 · answered by slimdude142 5 · 0⤊ 1⤋
I don`t think it`s possible to garnish a pension. That`s why OJ still has his, otherwise the Goldman`s would have it.
2007-11-26 14:20:17 · answer #4 · answered by Hamish 7 · 1⤊ 2⤋
What kind of pension and garnish it for what?
2007-11-26 14:22:30 · answer #5 · answered by Phurface 6 · 1⤊ 2⤋
I dont believe that is possible . It may depend on the state you live in . 2 things that they can is if you owe child support , and possibly taxes .
2007-11-26 20:36:20 · answer #6 · answered by dolores h 5 · 0⤊ 0⤋
if it's court ordered, yes. usually they will garnish a certain percentage of each check.
2007-11-26 14:24:23 · answer #7 · answered by pandora078 6 · 0⤊ 2⤋