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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe New Stimulus Payments Aren't Protected From Debt Collectors
03/15/2021 03:11 pm ET
Debt collectors can take away some of the $1,400 coronavirus relief payments Congress approved last week as part of the American Rescue Plan.
The $600 payments that Congress approved in December were protected from garnishment ― but the special rules that Democrats used to pass the latest bill did not allow them to include the protections this time, according to Sen. Ron Wyden (D-Ore.).
While Democrats intend to protect the third payment from private debt collectors, Senate rules did not allow us to include that protection in the American Rescue Plan, Wyden said in a statement.
Wyden, chairman of the Senate Finance Committee, said he would introduce a standalone bill this week to block garnishment. The Senate unanimously approved a similar bill last year, but Republicans had already voted in favor of the direct payments at the time. No Republicans supported the underlying Rescue Plan last week.
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https://www.huffpost.com/entry/stimulus-checks-debt-collectors_n_604f9e2cc5b60ef5c939bf12
kimbutgar
(21,167 posts)I wonder if it can go after past due child support and student loan late payments.
questionseverything
(9,656 posts)N/t
Hugh_Lebowski
(33,643 posts)Interesting question.
Luckily in my case if they do, they do. I just won't have to pay back for nearly as long, which is nice.
For some people ... it probably would be kind of a big deal tho if they are counting on this $$$.
intrepidity
(7,307 posts)nightthinker
(268 posts)... hopefully, you can get a check in the mail and not direct deposit so you can go cash the check at Walmart for (hopefully) a small fee.