What is going on here? How can someone take away someones SS money.
Where is the outrage for the poor, the elderly?
Why won't this be addressed on the Democratic ticket?
Why was this not brought up at last nights debate.
But seriously, this just doesn't seem right.
If our senior citizens only have their SS money, how can the bank let someones money get frozen and taken away.
From Yahoo Finance
Unholy Alliance Fleeces Social Security Recipients
by Laura Rowley
Posted on Thursday, November 15, 2007, 12:00AM
Virginia grandmother Ruby Fauntleroy, 74, knew something was wrong when her rent payment bounced shortly after her Social Security check had been direct-deposited into her bank account.
Fauntleroy went to the bank, where a teller told her that the account was frozen following notice of a court judgment and garnishment order by Capital One. Fauntleroy had been trying to pay off this $4,000 credit card debt for years, but dropped her monthly payment to $100 after her husband died and her income declined. Capital One sued, and won a judgment.
"I was just numb, I couldn't believe this could happen," said Fauntleroy. "I told the bank, 'You know nobody is supposed to take a government check,' but they did. I couldn't sleep at night, I couldn't eat. I thought, why are they doing this to me when I was trying to pay [my debt]?"
When Exempt Isn't
Legal aid agencies across the country say they've been flooded with calls from seniors and disabled people whose accounts have been frozen by bill collectors. This is happening even though the federal government specifically prohibits the garnishment of exempt funds such as Social Security and veterans benefits.
In the worst cases, seniors go hungry or without medication because they have no access to funds -- in some cases, for months at a time.
I'm just wondering when this will be blamed on the republicans and for sure Bush, just a matter of time.
Link to article
No comments:
Post a Comment