Ask Experts Questions for FREE Help!
  Advanced
Register  |  Log in  
   Ask    
 Answer  
  Help  

Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
Free Answers in 3 Easy Steps

Register Now		 3 Steps

At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.

Home > Law > Small Claims   »   bankrupsy and senior citizens

Answer this Question Ask about Small Claims
 
Thread Tools Display Modes
Question
 
 
#1  
Old Nov 15, 2007, 03:31 PM
ynnad42
New Member
ynnad42 is offline 		 
Join Date: Nov 2007
Posts: 1
ynnad42 See this member's comment history on his/her Profile page.
bankrupsy and senior citizens
my question to you is I have a personal friend ,who is a senior citizen and co signed on a car note. The car was repossessed after a short time,now the are taking her to court to pay 14,000 her only source of income is social security,she has no car no home,no assets
she wants to file bankrupsy,can they take social security income?SHE LIVES IN CALIFORNIA.

Reply With Quote
 
     

Answers
 
 
Old Nov 16, 2007, 12:47 PM   #2  
Expert
JudyKayTee is offline
 
JudyKayTee's Avatar
 
Join Date: Oct 2007
Location: NY State
Posts: 8,010
JudyKayTee See this member's comment history on his/her Profile page.JudyKayTee See this member's comment history on his/her Profile page.JudyKayTee See this member's comment history on his/her Profile page.JudyKayTee See this member's comment history on his/her Profile page.JudyKayTee See this member's comment history on his/her Profile page.
I believe it is Federal law that Social Security benefits are exempt from being seized to pay debts. This only protects that money that your friend receives from SS, not a pension, nothing else.

Is she considering bankruptcy to avoid this debt or are there other problems?
  Reply With Quote
 
     
Answer this Question Ask about Small Claims

« Previous Thread | Next Thread »

Thread Tools
Display Modes
Linear Mode Linear Mode

 
Similar Sponsors

Similar Threads
Question Asker Forum Answers Last Post
Health Insurance for Senior citizens in India. iamphilip Health Insurance 1 May 8, 2008 11:33 AM
Health insurance for Senior Citizens shray911 Health Insurance 2 May 8, 2008 11:10 AM
garnash of wages during bankrupsy tinkerbell77 Bankruptcy & Debt 0 Jul 19, 2007 11:45 AM
Health insurance for Senior Citizens shray911 Health Insurance 1 Apr 16, 2007 08:11 AM
Name of a 1970's Movie about Senior Citizens kheintz7601 Movies 2 Dec 20, 2006 06:58 AM




Copyright ©2003 - 2007, Ask Me Help Desk.
All times are GMT -8. The time now is 08:49 AM.