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- Aug 6, 2012
Get the Yeezys as a consolation
OFFICIAL 2020 STIMULUS CHECK THREAD
- Thread in 'General' Thread starter Started by nawghtyhare,
- Start date
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i don't do consolations.
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- Dec 19, 2008
I thought I was ballin and wouldn't get a check , but the government hit me with $1.2k. DAMN!!!
- 12,169
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- Oct 28, 2006
So my 2nd son was born in January. So I only get the $500 for 1 of my kids since obviously I didn't claim him on my taxes from 2019? Feel like people in my situation should be able to fill out a form and send in proof they have a child born this year. I want that full $3400 
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aepps20
Supporter
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- Feb 8, 2004
Although I won't be receiving Donald's Dollars, I encourage each of you write a hand written note to Our PRESIDENT ELECT to thank him for sharing his immense wealth with us in this country's hour of need.
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- Jul 18, 2012
Your Coronavirus Check Is Coming. Your Bank Can Grab It.
Regulators have given banks the green light to use stimulus funds to pay off debts that individuals owe them.
This week, the $1,200 CARES Act payments Congress approved in response to the coronavirus crisis will begin to appear in Americans’ bank accounts. The funds will be wired to eligible recipients who previously authorized the IRS to post their refunds (or Social Security payments) through direct deposit. This will speed relief far more quickly than having the IRS mail a check, which could take up to five months.
But the money may not make it into the hands of those who need it to pay bills, buy food, or just survive amid mass unemployment and widespread suffering. Individuals might first have to fend off their own bank, which has just been given the power to seize the $1,200 payment and use it to pay off outstanding debt.
Congress did not exempt CARES Act payments from private debt collection, and the Treasury Department has been reluctant to exempt them through its rulemaking authority. This means that individuals could see their payments transferred from their hands into the hands of their creditors, potentially leaving them with nothing.
Banks would be first in line to grab the payments to offset a delinquent loan or past-due fees. Even if the individual thinks their account with that bank is closed, if the payments post there, the bank could conceivably use them to cover old debts.
ARTICLE CONTINUES
prospect.org
Regulators have given banks the green light to use stimulus funds to pay off debts that individuals owe them.
This week, the $1,200 CARES Act payments Congress approved in response to the coronavirus crisis will begin to appear in Americans’ bank accounts. The funds will be wired to eligible recipients who previously authorized the IRS to post their refunds (or Social Security payments) through direct deposit. This will speed relief far more quickly than having the IRS mail a check, which could take up to five months.
But the money may not make it into the hands of those who need it to pay bills, buy food, or just survive amid mass unemployment and widespread suffering. Individuals might first have to fend off their own bank, which has just been given the power to seize the $1,200 payment and use it to pay off outstanding debt.
Congress did not exempt CARES Act payments from private debt collection, and the Treasury Department has been reluctant to exempt them through its rulemaking authority. This means that individuals could see their payments transferred from their hands into the hands of their creditors, potentially leaving them with nothing.
Banks would be first in line to grab the payments to offset a delinquent loan or past-due fees. Even if the individual thinks their account with that bank is closed, if the payments post there, the bank could conceivably use them to cover old debts.
ARTICLE CONTINUES
Your Coronavirus Check Is Coming. Your Bank Can Grab It.
Regulators have given banks the green light to use stimulus funds to pay off debts that individuals owe them.
prospect.org
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- Jul 22, 2012
Hopefully I get a notification tonight that I received a deposit. Filed both years on time.
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- May 23, 2005
CALL THIS NUMBER
IT WILL TELL U IF U HAVE ANY OUTSTANDING DEBT
THAT THE GOVERNMENT WILL SIEZE
LIKE CHILD SUPPORT
OR OTHER GOVERNMENT DEBT
THAT WILL TAKE SOME IF UR OWED MONEY
IT WILL TELL U IF U HAVE ANY OUTSTANDING DEBT
THAT THE GOVERNMENT WILL SIEZE
LIKE CHILD SUPPORT
OR OTHER GOVERNMENT DEBT
THAT WILL TAKE SOME IF UR OWED MONEY
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- Mar 13, 2014
Dammit man... where is my 1.2k?!?! I need some extra cash to toss at the OnlyFanz skrippahs.
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- Mar 13, 2014
Any reports of getting 1200 when you weren’t supposed to?
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- Feb 25, 2010
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- May 19, 2016
- 18,846
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- May 19, 2016
Deadbeat daddy’s & thieves F [k-£D
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- May 23, 2005
country so trash sometimes
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- Feb 13, 2016
Yeah this question was asked a ton throughout the calls I was on with the Fed and unlike Tax Returns this stimulus is eligible for "right of offset" meaning banks or financial institutions are allowed to use these funds for any charged off debt or accounts.
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thats not fair though
some dads legit pay high amounts of child support
and if they out of work
and need money
what are they suppose to do
not all dads behind on child support
are dead beats
know plenty of good dads
that are behind on payments just cause of the amount
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- May 23, 2005
i still 
when folks claim this the greatest country on earth
usually folks who dont even have a passport
when folks claim this the greatest country on earth
usually folks who dont even have a passport
6 Rings G.O.A.T.
Supporter
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- Feb 11, 2006
Broke Volunteer Firefighter Expecting $1.7k Finds $8 Million In His Bank.
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he dumb
Broke Volunteer Firefighter Expecting $1.7k Finds $8 Million In His Bank.
i woulda kept that on the low low
and bounced out the country
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- May 19, 2016
No way he ever would have got away with that,
Right ?
Right ?
6 Rings G.O.A.T.
Supporter
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- Feb 11, 2006
No chance..
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- May 10, 2018
An never been nowhere else let alone lived anywhere elsei still
when folks claim this the greatest country on earth
usually folks who dont even have a passport
