Debt collectors are stalking your stimulus checks. Here are 5 ways to stop them
Stimulus checks are already winding their way to millions of Americans. They’re a key part of the government’s $2.2 trillion stimulus bill. The government agency had processed 80 million stimulus checks on Friday and they should arrive this week, Sunita Lough, deputy commissioner for services and enforcement at the Internal Revenue Service, told a video conference this week.
— Lauren Saunders, an associate director at the National Consumer Law Center The payouts — formally dubbed “economic impact payments” — reduce in size above the $75,000 per year/$150,000 per year household income threshold and stop at the $99,000 per year for indviduals and $198,000 per year for married couples. The money will appear automatically in your bank account if the IRS has your account information on file from previous years’ tax returns.
Dispatches from a pandemic: Letter from New York: ‘New Yorkers wear colorful homemade masks, while nurses wear garbage bags. ‘When I hear an ambulance, I wonder if there’s a coronavirus patient inside. Are there more 911 calls, or do I notice every distant siren?’ 2. Know your state’s laws. Some state and local governments issued emergency orders at the end of last month in anticipation of the stimulus checks in an effort to stop all or some garnishment orders. They include recent legislation in D.C., Massachusetts, Texas and Las Vegas, and Saunders said that a preexisting law in Delaware forbids garnishment orders directed to banks in that state.
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