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Can the bankruptcy trustee take money for debt repayment in the six month period after bankruptcy disbursement if they receive a large Social Security Disability payment?
Wiki User
∙ 17y ago
Typically no. There are no absolutes here. If you disclosed to the Court that you were in the process of obtaining Disability, you should have nothing to worry about. However, if you kept this info from them, I would ask the lawyer who handled your case. * No. All Social Security benefits whether disability, SSI, or regular pension benefits are exempt from bankruptcy action.
Wiki User
∙ 17y ago
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Can a Social Security Disability check be taken for taxes?
The IRS can garnish up to 15% of your Social Security Disability check unless you work out an alternate repayment plan or are categorized as "uncollectible" due to income and expenses. It would be in your best interest to contact the IRS to discuss your options.
Seniority of a bond?
Each security, either debt or equity, that a company issues has a specific seniority or ranking. In finance, seniority refers to the order of repayment in the event of a sale or bankruptcy.
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No. As part of the Bradley Amendment (1986), child support payments won't be ended or reduced for any discretionary reason, including bankruptcy.
Can a Social Security disability recipient be ordered to pay a judgment?
Anyone can incur a liability and thus be held responsible. Conversely they have the same rights such as bankruptcy as well.
Does georgia tax social security disability?
Some Social Security Disability beneficiaries have to pay federal income taxes on their Social Security Disability benefits, while others do not.
What is the security for the repayment of a secured loan called?
Collateral.
Can social security disability overpayment be discharged if I file Bankruptcy?
Social Security Disability is, of course, a payment from a federal agency. While there is no rule specifically on Social Security Disability, the general rule is that any funds received from a federal agency by fraud (in a petition filed on or after October 17, 2005) cannot be discharged. If the overpayment did not occur because of fraud, it will be discharged. In order to prove fraud, the SSA must show, in the bankruptcy court, that the overpayments were due to fraud. This answer does not constitute legal advice or create an attorney-client relationship. Please consult an attorney for advice on your particular facts and case.
Preparation for social security disability appeal hearing?
Preparation for social security disability appeal hearing?
Is social security disability judgment proof in Missouri?
Social Security Disability and Social Security is judgment proof from debtors in all states.
Ia Amblyopia considered a disability with the Social Security Administration?
yes consider as disability with social security administration
Can you claim what you owe for schooling on bankruptcy?
Not if the school loan was guaranteed by the US Department of Education, except under strict certain exceptions, like collecting a low social security disability income.
Where do you file for disibilty?
You have to file for disability at the Social Security Disability website.
