are government pensions protected from garnishment?
|
Read More Answered By: E. Brian Davis |
Generally speaking, the answer is yes. 11.U.S.C. Section 522(d)(10)(E). Of course, you have to be prepared to assert the exemption at the proper time and you will have a problem is you mix exempt and non-exempt money in a single account. Consult with a bankruptcy lawyer or consumer lawyer about the best way to set up your pension payments to make sure you do not inadvertently waive your exemption. |
Lexington, KY
Questions Answered: 920
Last Question Aswered on: 2012-05-18
Louisville, KY
Questions Answered: 288
Last Question Aswered on: 2011-02-10
Louisville, KY
Questions Answered: 239
Last Question Aswered on: 2012-05-22
Louisville, KY
Questions Answered: 190
Last Question Aswered on: 2012-05-17
Lexington, KY
Questions Answered: 50
Last Question Aswered on: 2008-12-10
Louisville, KY
Questions Answered: 26
Last Question Aswered on: 2011-02-17
Henderson, KY
Questions Answered: 18
Last Question Aswered on: 2009-03-28
Atlanta, GA
Questions Answered: 17
Last Question Aswered on: 2000-10-18
Louisville, KY
Questions Answered: 10
Last Question Aswered on: 2011-12-27
Cincinnati, OH
Questions Answered: 10
Last Question Aswered on: 2008-12-15
► Midland funding LLC has reported to the IRS that a debt of $6895.00 was forgiven in...
► I owe a debt from several years ago and i am recently remarried and we have a joint...
► My mom is 66 years old, finacially destitute. She has no credit card debt and is on...
► What does Notice of Submission of Case for Final Adjudication mean?
► I have a commercial cleaning Franchise. I have a former client who owes my company...
► I loaned my son and daughter-in-law $6000.00 and we made an agreement that they...
► If I stop paying my credit card payments. I do not own anything they can take. I am...
More Credit, Debt and Collections Law questions and answers in Kentucky| Bill of Sale | Living Will |
| Contracts | Notices |
| Divorce | Power of Attorney |
| Employment | Quitclaim Deeds |
| Landlord & Tenant | Real Estate |
| Leases & Rentals | Sales and Purchases |
| Letters | Wills |
| Living Trusts | More... |
© WebsiteBroker, Inc.
LawGuru.com | Advertise on LawGuru | Affiliate Program | Privacy | About Us | Press
