Millions might be at threat of losing their stimulus checks due to private debt

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Millions might be at threat of losing their stimulus checks due to private debt














CBS News




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Published on Apr 20, 2020

As the Treasury Department continues sending stimulus checks to countless American, some may never get to the hands of those who need it most. Under the CARES Act, anybody with a judgment versus them for any private financial obligation might lose their stimulus to a debt collector. CBS MoneyWatch press reporter and video producer Irina Ivanova signed up with CBSN to discuss what kind of financial obligation might be putting your coronavirus relief cash at danger.

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