Trump gives BANKS green light to garnish your $1200 stimulus checks to pay debts!

[Centerleftfl]

They continue to prove Hillary right, they are Deplorable

I think she showed GALACTIC restraint.

 

[TTQ64]

Yes, just as they should have in 2008.

That's what I meant.

They should have failed then.

and during the savings and loan scandel.

 

[volsrock]

What authority do private debt collectors have to garnish wages?

They dont without a court order

 

[PostmodernProphet]

This money was not meant to pay debt that is past due. It is to help families buy food and cover necessities.

it was not protected from private creditors by Congress......I guess you will have to ask Nancy why not.....

 

[PostmodernProphet]

it should be the persons choice. These payments should not be garnished.

if there is a judgment outstanding and a garnishment has been issued it would not be legal to block a garnishment.....

 

[Phantasmal]

I think she showed GALACTIC restraint.

Which she now regrets.

 

[Micawber]

They should simply exempt the funds from application to debts. Problem solved.

 

[PostmodernProphet]

These aren’t wages.

it could only be garnished by a non periodic garnishment.......the courts are all closed here in Michigan so there won't be any........

 

[PostmodernProphet]

Its really a shame that people can have this money stolen out from under them. Come November, they will remember.

yes......shame on Nancy........I hope they remember......

 

[PostmodernProphet]

I have no further interest in conversing with you since you chose to be condescending.

oh come on.....surely you're used to that by now......

 

[PostmodernProphet]

There we many sources on the matter.
https://www.google.com/amp/s/fortun...oronavirus-checks-cares-act-irs-treasury/amp/

https://www.google.com/amp/s/www.marketwatch.com/amp/story/guid/2B716E5A-7E71-11EA-B593-BD0E7F1CA8A8

In Michigan, attorney general Dana Nessel became aware of the risk of the payments being seized after hearing of a man whose unemployment check was taken by a debt collector. This spurred her to sign the letter in hopes the Treasury Department takes action before the stimulus payments land in people's bank accounts in coming days.

this from your first link is amusing, since Nessel would have just as much authority as AG to prevent Michigan courts from issuing garnishments......which she would probably exercise if she didn't know the courts were already closed and not issuing any garnishments.......

 

[PostmodernProphet]

Wow! Look what perked you guys up.

Rawstory's fake news perked you up, didn't it.......

 

[Phantasmal]

I know,...its crazy. They blame Trump for every fucking thing.

A President once said, “the buck stops here”

 

[PostmodernProphet]

A President once said, “the buck stops here”

you idiots keep printing counterfeits......

 

[AProudLefty]

Why are trumpcucks going apeshit in this thread?

 

[Centerleftfl]

What does gullible have to do with anything. All trump cares about is helping his cronies, and to hell with Americans

Yeah we did, you DIDN'T? Clever thieves, huh? The ONLY thing the DEBTOR has going for him is TIME. Maybe there will be new COURTS set up to expedite the 'taking'.

“But Congress did not extend this exemption to private debt collection,” Dayen wrote. “The payments are defined as tax credits and not federal benefits, making them subject to ‘garnishment,’ in which a debt collector that wins a judgment in court can seize anything of value held by the debtor.”

“Congress did give Treasury the authority under Section 2201(h) of the CARES Act to write rules exempting the payments from private debt collectors,” Dayen noted, but the Treasury Department—headed by former Goldman Sachs executive Steve Mnuchin—has thus far refused to exercise that authority despite pressure from Democratic members of Congress and state attorneys general.

 

[Micawber]

Why are trumpcucks going apeshit in this thread?

It appears they wish to defend a deplorable and foreseeable eventuality and rush in to fall all over their swords for Cheeto.

 

[Centerleftfl]

Why are trumpcucks going apeshit in this thread?

YEP! I wasn't expecting this one to TRIGGER them! Hummmm.....

 

[Centerleftfl]

Deplorable!

 

[Noking]

Wow! Look what perked you guys up.

This is the civility that you were talking about.