Iowa Legal Aid Featured in Piece on Bank Seizures of Stimulus Checks
April 21, 2020
The Treasury Department is reviewing whether it has the legal authority to prevent banks and private debt collectors from seizing $1,200 government stimulus payments, according to a person familiar with the internal deliberations, as blowback builds over private lenders clawing back parts of the emergency financial relief package.
Iowa Legal Aid said dozens of people have called a hotline for help because they cannot access their stimulus payments due to prior debt obligations.