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· 12/30/1988

Frazier v. Marine Midland Bank, N.A.

Citations

  • 702 F. Supp. 1000
  • 1988 U.S. Dist. LEXIS 15077
  • 1988 WL 141941

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • holding that the Social Security Act, 42 U.S.C. § 407, which exempts social security benefits from “execution, levy, attachment, garnishment or other legal process,” does not exempt those benefits from setoff, (emphasis added)
  • concluding exercise 26 of contractual setoff right in loan agreement is not violative of § 407(a)
  • \[A] bank's use of its contractual setoff procedure to settle a depositor's indebtedness is not the type of 'legal process' contemplated by § 407(a).\

Source: CourtListener parenthetical corpus (CC0).

Judges: Curtin

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.