How Does Unpaid Personal Debt Affect My Social Security Payments?

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How Does Unpaid Personal Debt Affect My Social Security Payments?

Did you know that there are some types of debt which can result in a reduction of your Social Security benefit payments? It’s true. Certain personal delinquent financial obligations (debt) can result in a garnishment of your social security checks, thus reducing your monthly benefit payments. You may be surprised to learn that this is becoming more and more common. It is rather disconcerting to learn that so many retired Americans are dealing with this problem.

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