Legal Question in Banking Law in Oregon

Owing on bank loan can they take my Social Security check?

I recently gave back the motor home in which I fianced thru the bank years ago and unable to pay the bank note since the death of my spouse. Can the bank capture my automatic deposit of my Social Securty benifits for repayment of this note?


Asked on 9/08/08, 10:38 am

1 Answer from Attorneys
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: Owing on bank loan can they take my Social Security check?

if social security is the only income you have, that cannot be taken away by banks. you may see the following web pages for further guidance ;

http://www.seniorark.com/senior_tips_social_security.htm

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Answered on 9/09/08, 11:46 pm


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