Most seniors don’t know that federal and state laws protect their Social Security, almost all pensions, 401k, IRA, disability, and VA benefits from debt collectors.
Those forms of income can’t be garnished or taken from them. This money is available for their needs, like food, medicine, and housing.
If they are sued, there are laws that protect a senior’s bank account.
There are also laws that seniors can use to protect themselves from unwanted collector contact by phone or mail.
HELPS Nonprofit Law Firm is a national nonprofit law firm that educates seniors and disabled persons on how they can maintain their financial independence.