Debt Collectors Are Coming For Stimulus Checks

Debt Collectors Are Coming For Stimulus Checks

Assessment

Interactive Video

Other

University

Hard

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The video discusses the challenges faced by individuals receiving stimulus money, particularly the risk of debt collectors seizing these funds due to legislative limitations. The Senate Democrats used budget reconciliation to pass the bill, which restricted certain protections. Senate Finance Chairman Ron Wyden is working on a bill to address these issues. Meanwhile, individuals at risk of wage garnishment are advised to contact creditors. Alternative assistance options and tracking tools are available for taxpayers.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What can individuals do if they find themselves in a collection situation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What tool can taxpayers use to track their stimulus money online?

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