Can they garnish my retirement wages?
I have fallen way behind on my credit card payments because I do not work anymore. I only have a meager income from my retirement wages. Will the creditors be able to garnish these wages and will a bankruptcy prevent them from doing so?
Answered By: Diefer Law Group, P.C.
A bankruptcy will protect your income. Any income can be subject to garnishment. Usually the only thing you can protect from creditors is social security income. Other than that, almost any source of income can be garnished.
Answer Applies to: California
Replied: 8/26/2010
Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.
Answer Applies to: California
Replied: 8/26/2010
Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.
Answered By: The Law Office of Mark J. Markus
A bankruptcy will definitely prevent them from garnishing your retirement. Outside of bankruptcy, I am not 100 percent sure, but I think California exemptions protect the retirement accounts in the amount reasonably necessary for your support and maintenance.
Answer Applies to: California
Replied: 8/25/2010
Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.
Answer Applies to: California
Replied: 8/25/2010
Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.
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