I have a Discover card that is in default with a $11,500 balance. I’m a 63yo who is working part time and collecting partial S.S. as well.
I only work 15 hours a week so my take home is less then $200 a week. I called Discover and made a cash offer to them to settle the debt same day wiring them the funds via Western Union of $8,000 cash. They responded they wouldn’t settle and was was going to garnish my pay. Now they take $32 a week out of my paycheck. It is going to take them 7 years to recover the funds.
If I stop working at age of 65 and collect Social Security, can they go after that and my 401K ?
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