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R K
Lv 7
R K asked in Business & FinanceCredit · 9 years ago

if a credit card company gets a judgement against you.can they attach your pension to collect on it?

in the state of Nevada,if a credit card company gets a judgement against you and your only income is from a pension,can they attach any of your pension to satisfy the judgement?

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  • Anonymous
    9 years ago
    Favorite Answer

    Only the IRS has that power in regards to pensions.

    Source(s): Retired bill collector 35 years
  • 9 years ago

    Depends on what kind of pension. Not all are exempted from judgments. Social Security is exempt from consumer debt garnishment.

    They may also be able to attach your bank account. If only Social Security funds on in the account, it is exempt -- you have to fill out paperwork. But if other funds are mingle in the account, it's all fair game. I suspect the same would be true of any pension.

    Source(s): BD
  • 4 years ago

    A $5K disputed stability is particularly massive. One might think of that your lady chum might have some form of documentation detailing and proving her portion of the dispute. If the credit card company sues, she might have the skill to latest her section. in the event that they do get a judgment, they might in all probability connect any financial company account along with her call on it. could be a good suggestion to settle the dispute formerly it gets to courtroom.

  • 9 years ago

    of course they can, anything except SS is subject to garnishment and even then if your SS is deposited into the same account as other deposits it can be garnished. Suggest you figure out a way to settle or pay

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