Can a debt collector garnish a seperate bank account holding only student loan money?
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Can a debt collector garnish a seperate bank account holding only student loan money?
Asked on February 13, 2012 under Bankruptcy Law, Virginia
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
If there is a judgment against you for a set dollar amount, the judgment creditor can levy upon all bank accounts that you have including those holding only student loan money for your education. The judgment creditor only cares about getting money to pay the judgment owed.
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