Legal Question in Credit and Debt Law in New York
Can a credit union exercise their right of offset if I am delinquent on my loan with them if my source of deposit is child support
Asked on 2/08/11, 11:22 am
1 Answer from Attorneys
Kevin Connolly
Kevin J. Connolly
Yes, because once you deposit the money into your account, it is no longer protected as child support.
Answered on 2/13/11, 8:41 am