There are some types of income that are exempt from garnishment by unsecured creditors except in limited circumstances. These include Social Security, pensions, retirement, IRAs, 401K, Disability, Veterans benefits, unemployment and worker's compensation. The exceptions include child support, alimony and student loans.
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Help me understand how pension payments would be affected by secured creditors.
That's what I thought. I asked the question because you referred to unsecured creditors in your original answer. I wondered if secured creditors were treated differently.
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