Bankruptcy Can Protect CARES ACT Stimulus Check Payments From Creditors

Stimulus Check  Payments Are Not Protected From Creditors We all anxiously await the first round of Stimulus Check payments from the government. But Congress did not protect these funds from collections by Creditors. Therefore, if a creditor (someone to whom you owe money) has the right to collect from you, they can take your CARES ACT stimulus payment from your bank account (and garnish your wages and place liens on other assets). For most creditors, the ability to take money [...]

2021-07-25T18:15:39-07:00April 16th, 2020|
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