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Millions of Americans could lose stimulus payments to debt collectors!!!

 
Anonymous Coward
User ID: 77994583
United States
04/16/2020 10:12 AM
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Millions of Americans could lose stimulus payments to debt collectors!!!
I would tell the debt collectors to GO TO HELL!




[link to www.cnn.com (secure)]






Millions of people received their stimulus payments from the federal government this week, but some are at risk of immediately losing the money if they owe credit card, medical, or private student loan debts.

A loophole in the law could mean some of those who are most in need of the emergency aid don't get the money. About a third of Americans -- some 71 million adults -- have debt in collections and could be impacted, according to the National Consumer Law Center.

The $2.2 trillion congressional coronavirus relief plan passed in March did not shield the stimulus payments from certain private debt collectors, though it specifically protected the money from being taken to cover unpaid taxes or federal student loan payments. (The law does allow the money to be garnished for child support payments.)

Twenty-five state attorneys general and the Hawaii Office of Consumer Protection warned about the problem in a letter sent this week sent to Treasury Secretary Steven Mnuchin, asking him to issue guidance protecting the payments from private debt collectors, too.
Anonymous Coward
User ID: 77622237
United States
04/16/2020 10:13 AM
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Re: Millions of Americans could lose stimulus payments to debt collectors!!!
Now that they robbed the peasants for 10 trillion dollars, bailed out their asses, would be time to open business' up, the juice J ared and I vanka MAGA

MAKE COMMUNIST AMERICA GREAT AGAIN
Anonymous Coward
User ID: 76882733
United States
04/16/2020 10:14 AM
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Re: Millions of Americans could lose stimulus payments to debt collectors!!!
Now that they robbed the peasants for 10 trillion dollars, bailed out their asses, would be time to open business' up, the juice J ared and I vanka MAGA

MAKE COMMUNIST AMERICA GREAT AGAIN
 Quoting: Anonymous Coward 77622237


So traitorous
Trump 2020
User ID: 54749076
Australia
04/16/2020 10:28 AM
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Re: Millions of Americans could lose stimulus payments to debt collectors!!!
Feel the Bern, assholes!!
Anonymous Coward
User ID: 16512404
United States
04/20/2020 04:07 PM
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Re: Millions of Americans could lose stimulus payments to debt collectors!!!
Good thing that’s not legal in Texas.
Anonymous Coward (OP)
User ID: 77994583
United States
04/20/2020 04:08 PM
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Re: Millions of Americans could lose stimulus payments to debt collectors!!!
FUCK THE DEBT COLLECTORS!
Anonymous Coward
User ID: 78460955
United States
04/20/2020 04:18 PM
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Re: Millions of Americans could lose stimulus payments to debt collectors!!!
Obama actually did it better with his law for disability payments to veterans.


It is federally not touchable except for child support. As long as funds are kept in the acct they are direct deposited into you can tell debt collectors to fuck off.


The Republicans always screw the little guy....every time.
Anonymous Coward
User ID: 70662066
United States
04/20/2020 04:24 PM
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Re: Millions of Americans could lose stimulus payments to debt collectors!!!
Pay yo billz and this wont happen
Anonymous Coward
User ID: 78821958
United States
04/20/2020 04:25 PM
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Re: Millions of Americans could lose stimulus payments to debt collectors!!!
trump-0k
Anonymous Coward
User ID: 54547252
United States
04/20/2020 04:27 PM
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Re: Millions of Americans could lose stimulus payments to debt collectors!!!
Pay yo billz and this wont happen
 Quoting: Anonymous Coward 70662066


THATS NOT HOW THE FREE SHIT ARMY ROLLS!!!

lolatu
Anonymous Coward
User ID: 66234303
United States
04/20/2020 04:29 PM
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Re: Millions of Americans could lose stimulus payments to debt collectors!!!
Too late. I already withdrew it from the bank and converted it to guns and ammo. good luck. lolsign
Anonymous Coward
User ID: 78821958
United States
04/20/2020 04:30 PM
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Re: Millions of Americans could lose stimulus payments to debt collectors!!!
Pay yo billz and this wont happen
 Quoting: Anonymous Coward 70662066


THATS NOT HOW THE FREE SHIT ARMY ROLLS!!!

lolatu
 Quoting: Elihua


POOR PEOPLE DESERVE TO SUFFER!

lolatulolatulolatulolatu
Loup Garou

User ID: 31702506
United States
04/20/2020 04:31 PM

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Re: Millions of Americans could lose stimulus payments to debt collectors!!!
I would tell the debt collectors to GO TO HELL!




[link to www.cnn.com (secure)]






Millions of people received their stimulus payments from the federal government this week, but some are at risk of immediately losing the money if they owe credit card, medical, or private student loan debts.

A loophole in the law could mean some of those who are most in need of the emergency aid don't get the money. About a third of Americans -- some 71 million adults -- have debt in collections and could be impacted, according to the National Consumer Law Center.

The $2.2 trillion congressional coronavirus relief plan passed in March did not shield the stimulus payments from certain private debt collectors, though it specifically protected the money from being taken to cover unpaid taxes or federal student loan payments. (The law does allow the money to be garnished for child support payments.)

Twenty-five state attorneys general and the Hawaii Office of Consumer Protection warned about the problem in a letter sent this week sent to Treasury Secretary Steven Mnuchin, asking him to issue guidance protecting the payments from private debt collectors, too.
 Quoting: Anonymous Coward 77994583


Now do a little Due Diligence and research the mass number of sitting and former Congress creatures who haven't filed or paid tax in years. It is staggering the huge amount of money these treasonous POS owe the IRS/Treasury.

But guess what, they are special and you are NOT!

PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/P​URGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PU​RGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PUR​GE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURG​E/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE​/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/​PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/P​URGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PURGE/PU​RGE/
Just because YOU don’t believe
in the Rougarou; or the Loup Garou, don’t make you safe; No !

The Constitution is a blend of 'moral certitude' -- which is one of the reasons that criminals are determined to be rid of it and We the People must be even more determined to defend it.

"If there must be trouble, let it be in my day, that my child may have peace." - Thomas Paine

The only thing the Illuminati fears is an independent person who can live, eat, sleep, stay warm and defend themselves separate from Federal help. Pray that the Lord gives us more time! The End is near and time is short!

A fool takes no pleasure in understanding, but only in expressing his opinion. ~Proverbs 18:2


For those who understand, no explanation is needed. For those who do not understand, no explanation is possible

"A candle loses nothing by lighting another candle" - James Keller

Checkd, Keked, and Rekt!

#Kids2
Rorschach Watchmen

User ID: 73825306
United States
04/20/2020 05:05 PM
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Re: Millions of Americans could lose stimulus payments to debt collectors!!!
Now that they robbed the peasants for 10 trillion dollars, bailed out their asses, would be time to open business' up, the juice J ared and I vanka MAGA

MAKE COMMUNIST AMERICA GREAT AGAIN
 Quoting: Anonymous Coward 77622237


Or you could just pay your bills, not get credit for things you can’t pay off instead of blaming others.

But you do you basement dweller!
“When you’re dead you’re dead, but you’re not quite so dead if you contribute something”

-John Dunsworth
Rorschach Watchmen

User ID: 73825306
United States
04/20/2020 05:06 PM
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Re: Millions of Americans could lose stimulus payments to debt collectors!!!
Pay yo billz and this wont happen
 Quoting: Anonymous Coward 70662066


I’m pragmatic as well, apparently 1/3 of America isn’t.
“When you’re dead you’re dead, but you’re not quite so dead if you contribute something”

-John Dunsworth
Cuck Norris

User ID: 78537458
United States
04/20/2020 05:07 PM
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Re: Millions of Americans could lose stimulus payments to debt collectors!!!
Good. Shouldnt have been in debt losers.
Cuck Norris
Anonymous Coward
User ID: 78821958
United States
04/20/2020 05:12 PM
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Re: Millions of Americans could lose stimulus payments to debt collectors!!!
Good. Shouldnt have been in debt losers.
 Quoting: Cuck Norris



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People in debt should just declare bankruptcy, like Trump did (four times).
Anonymous Coward
User ID: 68224088
United States
04/20/2020 05:24 PM
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Re: Millions of Americans could lose stimulus payments to debt collectors!!!
you spent the money, you owe it back...or are you a thief?
and then they come up with excuse, well its tough times and i needed the money...well robbers rob for money they dont have! THIEVES. come try steal my money i got a 6 1/2 inch turquoise vibrator to stick you know where
Anonymous Coward
User ID: 78821958
United States
04/20/2020 05:28 PM
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Re: Millions of Americans could lose stimulus payments to debt collectors!!!
you spent the money, you owe it back...or are you a thief?
and then they come up with excuse, well its tough times and i needed the money...well robbers rob for money they dont have! THIEVES. come try steal my money i got a 6 1/2 inch turquoise vibrator to stick you know where
 Quoting: Anonymous Coward 68224088


People in debt should just declare bankruptcy, like Trump did (four times).
Anonymous Coward
User ID: 78806891
United Kingdom
04/20/2020 05:34 PM
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Re: Millions of Americans could lose stimulus payments to debt collectors!!!
But that's what the bailout is for - your bills? Am I missing something? The issue is that Americas 1930s banking system has taken weeks and weeks to get a simple payment out after being authorised to pay.

The second issue is that the money is a one off payment and not cover for actual wages (UK is paying 80% of wages for example).

Those who benefit the most are those not impacted financially by the virus and those impacted the least are those impacted the most as the money covers a short period of bills.

The fact the US can't get a payment out in two months is embarrassing. Basic banking services are not improving whatsoever for decades. Maddening.





GLP