The U.S. Congress recently passed a third stimulus check intended to help Americans remain financially stable throughout the COVID-19 pandemic. Today, we're here to tell you everything you need to know about the new stimulus bill so that you can put it to the best use for yourself and your family.
At the Law Offices of Frank E. Mann, our attorneys represent clients in family law cases. To schedule a consultation with our team, contact us online or via phone at (713) 903-8112.
Eligibility Requirements for Dependents Changed
In previous stimulus bills, parents and guardians or conservators of dependents who had not yet reached the age of majority (18 years old) received extra stimulus money. However, no extra funds were awarded to parents or guardians of dependents over the age of 18.
That's all changed for the third stimulus bill. If you have an adult dependent, regardless of their age, you're eligible to receive extra money with the third stimulus. Additionally, parents and guardians will be receiving more money for dependents than in previous stimulus packages.
Your Stimulus Can Be Seized
You heard it right. Unlike the first two stimulus bills, the third stimulus can be seized by private collectors to repay debts.
That means if you have any outstanding debts or liabilities through circumstances such as a civil court judgment, your stimulus could be used to repay them. Lawmakers are currently trying to prevent collectors from seizing checks, but only time will tell if their legislation proves successful.
At the Law Offices of Frank E. Mann, our attorneys can help you navigate a family law case you're currently embroiled in. Contact us online or via phone at (713) 903-8112 to schedule a consultation with our team for your case.