What Is An Exempt Bank Account - Certain federal and state laws, called “exemptions,” protect some kinds of money and property. Web exempt income is money you receive that cannot be taken by debt collectors. Creditors can levy (garnish) your bank account if you owe them money. If your benefits have been. Web learn how to protect your wages, benefits, and bank accounts from judgment creditors who can garnish or.
Web exempt income is money you receive that cannot be taken by debt collectors. Web learn how to protect your wages, benefits, and bank accounts from judgment creditors who can garnish or. If your benefits have been. Creditors can levy (garnish) your bank account if you owe them money. Certain federal and state laws, called “exemptions,” protect some kinds of money and property.