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Wells Fargo Bank Wells Fargo Contradicted Information Provided By Their Own Legal Dept. California
The Wells Fargo Legal Dept. complied with a demand from the state tax authority to zero out my accounts even though the funds in my accounts are treated as 'exempt' by Wells Fargo according to the same Legal Dept. According to Wells Fargo, any government originated direct deposit, such as social security, SS disability, and veteran's benefits are treated as 'exempt' by Wells Fargo. Not so. They just sent all of my veteran's benefit to the tax board. When discussing this with an arrogant supervisor, "Matthew" at the Legal Department, he stated that Wells Fargo did this because I had the audacity to transfer my veteran's pay from my WELLS FARGO savings account to my WELLS FARGO checking acccount!
1 Updates & Rebuttals
Striderq
Columbia,South Carolina,
USA
Exemption...
#2General Comment
Wed, March 30, 2016
The benefits you listed are exempt from garnishments EXCEPT for debt to the government (stae or federal). Also if your checking account gets any deposits other than the benefits then any money in it is garnishable.