Legal Question in Disability Law in Iowa

Can a Car Loan company put a garnishment on my dad's IPRES or Retirement for the remainder amount after repossessioning a car?


Asked on 11/30/10, 4:31 pm

1 Answer from Attorneys

Robert Luedeman solo practitioner

Finally, a question I can answer concretely.

Certain income is exempt from garnishment-pension, social security, SSI, disability.

Also, if accounts are garnished, the garnishor is limited to money that has been in the account longer than ninety days, which presumably means it is wages. In practice banks do not observe these limitations-the normal practice is to take ALL the money and let you try and figure it out. Sometimes it works, sometimes it doesn�t.

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Answered on 12/07/10, 5:49 am


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