Income and Assets That Are Protected Under The Law
Yes. In many cases an individual’s income and assets are protected under the law.
For instance, social security, disability, pension and veteran’s benefits cannot be taken by creditors. Generally, 75% of all wages are protected under the law and cannot be garnished. In Minnesota, $360,000 in equity in a consumer’s homestead cannot be taken by a creditor.
https://www.phillipslawmn.com/income-and-assets-that-are-protected-under-the-law/
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