If you don't deposit your SSI checks or cash them, then yes the checks can be cancelled and the money would be lost. But if you deposit the money into your bank or cash the check and save the money, then no, the money cannot get taken away.
If you do not repay a payday loan while receiving Supplemental Security Income (SSI) in Michigan, the lender may pursue collection actions, which could include legal judgments against you. However, SSI benefits are generally protected from seizure, meaning that funds received from SSI cannot be taken to satisfy debts. It's important to communicate with the lender and explore options, as they may be willing to work out a repayment plan. Additionally, consider seeking financial counseling for further assistance.
i draw ssi benifits can i get a loan drawing only 698 a month?
YES I AM ON SSI AND THE PEAOPLE TOLD ME THA THEY CAN TAKE MY SSI TO REPAY MY STUDENT LOAN
yes
You usually cannot get a loan on your SSI, though some payday loan companies may allow it. You can use it as your income source for the purpose of getting a loan.
No.
SSI income cannot be attached for child support.
no
NO... that is your money set aside for when its your time to receive it ... there is no way it can be taken from you if it was gained legally ... you can hit the loto for millions and still get a ssi check in the mail...
NO YOUR SOCIAL SECURITY WILL NOT BE TAKEN AFTER A FORECLOSURE. THE ONLY TIME SSI CAN BE GARNISHED OR TAKEN AWAY IS IF YOU HAVE CHILD SUPPORT THATS BEHIND OR YOU OWE A FEDERAL DEBT SUCH AS TAXES LIENS ETC... SORRY DONT KNOW ABOUT RETIREMENT BECAUSE IT DEPENDS ON WHAT KIND OF RETIRMENT YOU HAVE SET UP.
RSDI eligibility is not contingent on assets (unlike SSI eligibility).
Yes, people collecting SSI can have an IDA account. An individual development account is a building tool that helps low-income families save toward a bigger goal.
No, either waysee link
Generally no. The home you live in is not considered a "resource" when considering SSI eligibility. See http://www.ssa.gov/ssi/text-resources-ussi.htm. But there are other significant eligibility requirements, and if your falsify your information or hide resources that affect eligibility (either on initial application or while receiving SSI), eventually your house could be jeopardized if the government comes after you to repay the ill-gotten monies. SSI fraud by the way is a felony...
everthing I hear it seems as if Ssi
Do ssi checks come out ausgust 29,2014
You can get SSI if your other income, including SSD, is less than the SSI standard.