GREENSBORO, N.C. — If you get any kind of social security benefit, you're getting a stimulus payment.
If you owe back taxes, you will still get a stimulus payment.
If you owe back child support, your stimulus payment is being used for that support, so you don't get one.
BUT.....
If you owe a debt collector, you will get your stimulus payment, but that debt collector could take your stimulus payment right out of your account. Here's why; the CARES Act does not exempt economic impact payments from garnishment. This could be changed. The Treasury needs to issue a regulation designating cares act payments as “benefit payments” instead of “economic impact” money.
Twenty-five State Attorneys General are banding together and they've sent a letter to The Treasury. North Carolina Attorney General Josh Stein is one of the AG’s. The letter was sent last week, so far, there's been no response.