Vermont attorney general declares CARES stimulus checks exempt from garnishment/collection

State Issues Covid-19 Vermont Debt Collection State Attorney General Bank Compliance

On April 21, Vermont’s attorney general issued a directive to debt collectors, creditors, and financial institutions declaring that CARES Act stimulus payments are exempt from garnishment or collection under Vermont law. In addition, the directive asks banking institutions to voluntarily suspend any set-offs or other collection activity for overdrafts and fees that could impact the stimulus payments.