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All Social Security benefits are exempted under Federal law from attachment in any form by creditors. It might be beneficial to consult an attorney to see if you need to file any form of BK. It might be that state and/or Federal Laws render your property exempt from creditor action. You can find a listing of property that is protected under the BK laws of your state by searching (name of state) bankruptcy exemptions.

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Q: If you just received a large disability payment from Social Security is it wise to file Chapter 13 or would the court take the money?
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Related questions

If you purchased disability insurance on your car loan do they still have to pay the payment every month if you received social security disability?

Probably. What does your policy say?


When your wife retires and applies for social security what will happen if you receive disability?

It doesn't affect your disabiity payment. The Social Security money is hers.


Can you travel while on short term disability?

If you are receiving benefits from Social Security Disability Insurance, your moving will not affect the reception of benefits at all. Make sure to alert your Security office of your change of address so that you continue to receive correspondence from Social Security and your checks as well. If you are receiving benefits from Supplemental Security Insurance, moving could change the amount you receive in benefits, and it can also alter your eligibility to receive benefits at all. Some states add a payment to the federal SSI and detract this payment from your check each month. If you are moving from a state with no supplementary payment to one that does have one, your disability check will be slightly smaller in the new state. Disability benefits are also tied to income, so if your income changes, your disability payment will likely change as well. Call your local security office if you have any questions or concerns regarding your disability payments.


Will there be an increase in va disability compensation for 2012?

I received a larger payment this month. No explaination received yet. I hope this means there was an increase.


Received social security disability in 08 included was 06 07 backpay how do you claim on taxes?

Social Security Disability is treated the same as Social Security old age benefits for income tax purposes. When you receive a lump sum payment for previous years, you have two options: 1) Treat the entire amount as income in the year you received it. In other words, treat the whole amount as a 2008 payment. 2) Use the special Lump Sum method for SS payments. See "Lump Sum Election" on page 11 of Publication 915: http://www.irs.gov/pub/irs-pdf/p915.pdf


Can you draw as much money at 65 on Social Security retirement as on disability?

Social Security disability benefits are typically lower than retirement benefits because they are calculated on the basis of fewer years of income. When a disabled worker reaches full retirement age, his or her benefits automatically convert from disability to retirement income at the same rate. There is no windfall payment for disability.


Can you received your child's disability payment if he lives with you instead of his mother?

Not if the mother is the primary caretaker and/or you have not been named as the designated payee by the SSA.


Can you receive a Federal employee disability annuity and a VA disability annuity payment together?

Yes you can collect Federal Disability Civil service and Va disability payment together, but the checks are separate.


How can you prove to Social Security your disabilty if your medical records are old like from the 1960s and cannot not be located or have probably been destroyed?

The SSA will be the one that you will have to deal with to make your claim for disability and prove to the SSA that you meet the requirements for you to be able to receive the social security disability insurance payment amount. Go to the SSA gov website and choose DISABILITY at the top of the page or use use the search box for DISABILITY


How do you collect social security at age 56?

Payment for retirement begins at 62 (at a reduced level), but payment for disability can be at any age.


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.


Can you collect SSI and disability at the same time?

No your social security benefits payments will be issued to you monthly. Unless you happen to qualify for some back payments then you could receive a lump sum to bring you up to the year that you started receiving your SSB amounts.