Officials in several states have warned creditors that the pandemic stimulus checks and deposits sent out by the federal government should not be used to pay off debts.
On Saturday, New York’s attorney general, Letitia James, said debt collectors and banks cannot seize or freeze the stimulus payments that were passed by Congress and President Donald Trump last month. A week ago, payments of up to $1,200 for an individual, $2,400 for a couple, and $500 for children were sent out to millions of Americans under the measure, which was passed to shore up economic losses suffered during the Chinese Communist Party (CCP) virus pandemic.
