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#2031338 - 08/03/15 04:20 PM Writs of Garanishment- Florida- Protected Funds
Sunshine Banker Offline
Member
Joined: Jun 2012
Posts: 80
Florida
Confirm: Received Writ of Garnishment, no Notice of Right to Garnish Federal Benefits attached to Writ of Garnishment.
1. Performed 2 month lookback-located protected funds? SSA Treas 310 xxSoc Sec. Are all Soc Sec benefits protected?
Last edited by Good2bank; 08/03/15 04:24 PM. Reason: Subject line-deleted LF shb FL-Florida
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#2031368 - 08/03/15 06:11 PM Re: Writs of Garanishment- Florida- Protected Funds Sunshine Banker
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
Treasury's Garnishment of Accounts Containing Federal Benefit Payments defines what types of payments are protected under that regulation. It's in the definitions section of the rule:

Benefit payment means a Federal benefit payment referred to in § 212.2(b) paid by direct deposit to an account with the character "XX" encoded in positions 54 and 55 of the Company Entry Description field and the number "2" encoded in the Originator Status Code field of the Batch Header Record of the direct deposit entry.

If the payment fits that description (the XX and the 2) it is protected.
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John S. Burnett
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