Edward McDermott has his Social Security check electronically deposited into his bank account each month. But in May, when the Brooklyn, N.Y., man tried to withdraw money, he found that creditors had a court order to seize funds from the account—known as garnishment—to collect on late credit card debt. The action prompted the bank to freeze his account for three weeks. … Back to Article
Join AARP
Join for Just $16 A Year
- Discounts on travel and everyday savings
- Subscription to AARP The Magazine
- Free membership for your spouse or partner
Tell Us WhatYou Think
Please leave your comment below.
You must be signed in to comment.
Sign In | Register