As if there isn't enough to worry about - here is an excerpt of an article BY ELLEN E. SCHULTZ (WSJ online); link
A little-noticed law could soon result in smaller Social Security checks for hundreds of thousands of the elderly and disabled who owe the U.S. money from defaulted loans and other debts more than a decade old.
Social Security benefits are off-limits to creditors, such as credit-card companies and banks. But the U.S. can collect debts to federal agencies by "offsetting," or withholding Social Security and disability payments.
I remember reading that article back in March. Here is that same article in great deal.
Answer by tryin2BGOOD at 5:48 PM on Nov. 2, 2010
Answer by Erica_Smerica at 8:27 PM on Nov. 2, 2010