Regions Bank Social Security deposits can be protected from NSF charges. Linton Indiana

Boy, it's interesting how it becomes amateur hour with people thinking they're Clarence Darrow and think SS funds are not subject to NSF fees.

If you overdraw your account after the funds are deposited, the money in your account is NOT anything except money. It is not SS money. It is not gambling money. It is just money and will be subject to NSF fees if you overdraw.

Am I correct, this law applies to the collection of fees due to delay of funds into checking account?

but it doesn't work that way. the law you quoted states that your SS disability can not be garnished, levied, etc. Doesn't mean that the bank can not charge legitimate fees based on you spending money before it is available in your account. Hope you don't cause a lot of people receiving SS benefits to start getting fees. This is like the 'federal income tax is illegal' jokes.

Here's what the law ACTUALLY states:

""Sec. 207. [42 U.S.C. 407] (a) The right of any person to any future payment under this title shall not be transferable or assignable, at law or in equity, and none of the moneys paid or payable or rights existing under this title shall be subject to execution, levy, attachment, garnishment, or other legal process, or to the operation of any bankruptcy or insolvency law.""

Please note a very important phrase: OR OTHER LEGAL PROCESS.

The assessment of a service fee (NSF) on a bank account is NOT a legal process (judicial proceeding.) However, taking you to court to pay a debt is.

Either way, the bank may simply close your account for your refusal to pay the NSF fees you are assessed because you are writing checks for money you don't have (yet.) If this happens, you will have difficulty opening another bank account and might find yourself using those neighborhood "check cashing" joints because direct deposit will no longer be available to you.

The intent of the law was to protect SS benifits from garnishments and such (except IRS taxes, child support, student loans- debt to the government.) It was not intended to allow folks as you to "float" checks and avoid bank fees.

Here's what the law ACTUALLY states:

""Sec. 207. [42 U.S.C. 407] (a) The right of any person to any future payment under this title shall not be transferable or assignable, at law or in equity, and none of the moneys paid or payable or rights existing under this title shall be subject to execution, levy, attachment, garnishment, or other legal process, or to the operation of any bankruptcy or insolvency law.""

Please note a very important phrase: OR OTHER LEGAL PROCESS.

The assessment of a service fee (NSF) on a bank account is NOT a legal process (judicial proceeding.) However, taking you to court to pay a debt is.

Either way, the bank may simply close your account for your refusal to pay the NSF fees you are assessed because you are writing checks for money you don't have (yet.) If this happens, you will have difficulty opening another bank account and might find yourself using those neighborhood "check cashing" joints because direct deposit will no longer be available to you.

The intent of the law was to protect SS benifits from garnishments and such (except IRS taxes, child support, student loans- debt to the government.) It was not intended to allow folks as you to "float" checks and avoid bank fees.

Here's what the law ACTUALLY states:

""Sec. 207. [42 U.S.C. 407] (a) The right of any person to any future payment under this title shall not be transferable or assignable, at law or in equity, and none of the moneys paid or payable or rights existing under this title shall be subject to execution, levy, attachment, garnishment, or other legal process, or to the operation of any bankruptcy or insolvency law.""

Please note a very important phrase: OR OTHER LEGAL PROCESS.

The assessment of a service fee (NSF) on a bank account is NOT a legal process (judicial proceeding.) However, taking you to court to pay a debt is.

Either way, the bank may simply close your account for your refusal to pay the NSF fees you are assessed because you are writing checks for money you don't have (yet.) If this happens, you will have difficulty opening another bank account and might find yourself using those neighborhood "check cashing" joints because direct deposit will no longer be available to you.

The intent of the law was to protect SS benifits from garnishments and such (except IRS taxes, child support, student loans- debt to the government.) It was not intended to allow folks as you to "float" checks and avoid bank fees.

Here's what the law ACTUALLY states:

""Sec. 207. [42 U.S.C. 407] (a) The right of any person to any future payment under this title shall not be transferable or assignable, at law or in equity, and none of the moneys paid or payable or rights existing under this title shall be subject to execution, levy, attachment, garnishment, or other legal process, or to the operation of any bankruptcy or insolvency law.""

Please note a very important phrase: OR OTHER LEGAL PROCESS.

The assessment of a service fee (NSF) on a bank account is NOT a legal process (judicial proceeding.) However, taking you to court to pay a debt is.

Either way, the bank may simply close your account for your refusal to pay the NSF fees you are assessed because you are writing checks for money you don't have (yet.) If this happens, you will have difficulty opening another bank account and might find yourself using those neighborhood "check cashing" joints because direct deposit will no longer be available to you.

The intent of the law was to protect SS benifits from garnishments and such (except IRS taxes, child support, student loans- debt to the government.) It was not intended to allow folks as you to "float" checks and avoid bank fees.

How are the checks getting out before the funds are available? You wouldn't happen to be writing checks without enough funds to cover them, would you?

If that is the case, how are the NSF fees unfair?