Does filing bankruptcy affect Social Security Disability?

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My husband dies on august 2003. I have a home and I'm on social security disability. I am finding it hard to pay off my debts. I need to do something to pay down the mortgage on my home. I receive only $700 a month on disability. I got some fuel assistance last year. But do you think I should go for help to the welfare office. I don't want to file bankruptcy though but then what's going to happen to my social security income? And to inform you I really don't have that much cash to file even a bankruptcy

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Macs,

I do feel that you should have a talk with the welfare officer. You can tell inform them regarding your situation and try to get help to come out this situation.

Rosetta

jenkin7 · Joined: 04 Jun 2007 Posts: 939 140.80 Dollars($)

Hello Macs,

I do understand your situation but I feel that there is not much to worry Smile

. Your Social Security income cannot be garnished, or taken away by the lenders. You will be able to keep all your monthly disability check and also eliminate your debt completely if you file for bankruptcy.

Your loan balance must be pretty low for you to be paying the mortgage using only your Social Security. This means that you may be able to protect most or all of the equity even if a lender has a lien placed against the house. This depends on what state you live in.

I would suggest that you consult an attorney to see how much of the equity in your home you can protect. Also, you may consult the lender to help you find ways to access the home equity and come out of the debt.

miller_st · Joined: 17 Jan 2007 Posts: 917 168.84 Dollars($)

Sorry to hear about your husband's death Macs.

The condition you are in my opinion would be to get in touch with the welfare office to get some assistance. They will also provide guidance on how to come out of the debt burden you are in.

Miller

larry · Joined: 27 Jun 2007 Posts: 3328 473.51 Dollars($)

Hi Macs,

Bankruptcy and social security disability are mutually exclusive of itself, have nothing to do with one onother, and have no effect on each other. You do not lose your rights by filing bankruptcy.

So, creditors cannot garnish your social security disability income even with bankruptcy.

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