Consumer Law, Warranties can a bank attach social security

[trumpet22]

My husband and I own a business that has outstanding bank loans that we signed for personally. Business is so bad that we might have to close. We are both on Social Security and our payments go directly into our personal checking account. If we default on the bank loans can the bank take our Social Security payments or seize our account?

 

[Theresagail]

No, they can not garnish SSI-- But they can seize any other assets you may have