If you’re worried about private debt collection, take the money out right away.
, millions of Americans will begin receiving direct deposits from the federal government as part of the $2 trillion coronavirus rescue package signed by President Trump last month, but in some cases, private debt collectors may still be able to access that money. Here’s what you need to know.
This means that once a direct payment hits, it’s possible for a private debt collector to serve a garnishment order in order to seize that cash.
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