How to Protect your Stimulus Check from Debt Collectors.mp4

RELAX SENIORS: you can "NOT" be "garnished!"

"SeniorLiving.Org"

As the third round of #stimulus​ checks are being sent out, many Americans are worried that the much-needed funds could be taken by private debt collectors for unpaid debts... or even by the government for back taxes. In this video, Attorney Eric Olsen, Executive Director of the HELPS Nonprofit Law Firm explains why seniors shouldn't worry about their #stimulus​ checks being garnished and what steps they can take to make sure they can keep their checks.
Time Stamps

0:00​ Could your stimulus check be garnished for debts?
0:20​ Introduction to Attorney Eric Olsen and the HELPS Nonprofit Law Firm
1:33​ There’s a lot of misinformation alarming seniors in debt that they may lose their stimulus checks
2:16​ No one can take your stimulus check if you don’t already have a judgement against you
3:11​ Even if you already have a judgement against you, your stimulus check is still protected in certain states
3:16​ How seniors can protect bank accounts to keep stimulus checks
6:22​ Even if your bank account isn’t automatically protected, you can still prevent stimulus check garnishment
6:58​ Garnishment of bank accounts is different than garnishment of wages
7:47​ Seniors with outstanding public student loans won’t lose their stimulus checks
9:04​ Seniors who owe federal back taxes shouldn’t lose their stimulus checks
9:28​ Seniors who owe child support shouldn’t lose their stimulus checks
9:57​ Seniors can prevent their stimulus checks being taken to pay state back taxes
10:45​ Wrap-up of how seniors can prevent their stimulus checks from being garnished
11:40​ How does the HELPS Nonprofit Law Firm help seniors struggling with debt?
12:28​ How can seniors contact the HELPS Nonprofit Law Firm?

There's a lot of misinformation going around about whether people can have their #stimulus​ checks garnished. While this is a possibility for many who are in debt, seniors have a lot less reason to worry due to special laws that protect their bank accounts.

Attorney Eric Olsen, Founder of the HELPS Nonprofit Law Firm, works with seniors, disabled persons, and veterans who are struggling with debt. He explains the law that protects your bank account where your Social Security checks or other federal benefit check are deposited, even if you have a judgment against you for unpaid debts. For many, your #stimulus​ checks are safe, especially for those who live in states where the garnishment of these #stimulus​ checks is outlawed. For seniors, the former bankruptcy attorney explains the steps you can take to protect your #stimulus​ check from debt collectors, whether your debts are due to federal or state back taxes, past due student loans, or consumer debt like unpaid credit cards. Finally, the lawyer explains how the HELPS Nonprofit Law Firm could help you with your debt struggles.

Jeff Hoyt is SeniorLiving.org’s Editor-in-Chief.

For why seniors don't have to worry about old debts, watch https://youtu.be/FDlyud-vG90​

To learn how seniors can avoid paying taxes legally, watch https://www.youtube.com/watch?v=xv7Om...​

To watch Attorney Eric Olsen explain why seniors don't have to worry about student loans, check out https://www.youtube.com/watch?v=PE4a7...​

To learn why seniors don't have to worry about debt collectors, watch https://www.youtube.com/watch?v=b7Xg5...​

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To contact the HELPS Nonprofit Law Firm, call 1-855-435-7787 or visit helpsishere.org.