Hello,
I am disabled. I am unable to pay my credit card bills. Can they come after my disablity funds? Also, I do not own my own home, I own a car, I am paying on another car, and I have a boat payment. Can anything happen to them?

Your social security disability is exempt from creditors unless its child support,student loans etc. depending on your state laws a lien could be put on your car or boat if a judgement is granted. Check your state laws

Unless your boat is necessary for your livelihood (which it shouldn't be if you are disabled), then they may go after it. But your disability income is exempt.

Hey, I'm disabled and financially strapped, too, so I know where you're coming from. NO MATTER WHAT THREATS THE LAWYERS OR COLLECTORS MAKE, IF YOU'RE ON FEDERAL OR STATE DISABILITY (e.g. SSI AND/OR MEDICAID) AND THE DEBT IS NOT FROM A GOVERNMENT-INCURRED SOURCE SUCH AS TAXES OR GUARANTEED STUDENT LOANS, THERE'S REALLY NOTHING THEY CAN DO EXCEPT CONTINUE TO HARRASS YOU AND KEEP THE NEGATIVE INFORMATION ON YOUR CREDIT REPORT FOR THE PRESCRIBED NUMBER OF YEARS. The threats are baseless, and the creditors know it, but you have them over the barrel. I have, when pushed too far, told them as much in cruder terms before hanging up. By the way, the closer to deadlime they get, the nastier their attempts become. I finally shook one old lender who issued me three credit cards and financed a car that it later repossessed (but kept on my record -- ILLEGAL!) and had the car information removed completely from all three major bureaus... plus the remaining $6K/$21K drops off my report this month! Check out your reports.

I don't understand what you mean when you say the car being repo but kept it on my record ILLEGAL Why would it be illegal to report an unpaid car loan on your credit report Please explain that one

I don't understand what you mean when you say the car being repo but kept it on my record ILLEGAL Why would it be illegal to report an unpaid car loan on your credit report Please explain that one

When I responded to the call for help, I was troubled with two altogether unnecessary points: being my first time on this site, how much space I would be allowed to reply, and having experience as a journalist, wishing to be concise. Even as I wrote, I was aware of the possibility for misunderstanding but thought I had avoided any. Had I only added the fact of the car itself being the collateral for the debt, and being in repossession by the dealer, thereby canceling the dealer's rights to claim the vehicle's value on my credit report, I think I would have made my point better. Furthermore, as I had to follow up with Equifax and Experian after an initial success with Transunion -- in which the entire debt was removed without question but the car dealer continued to report only to the other two bureaus that I owed for "collection and legal fees" -- those items also were removed from my reports. As a point of fact, I never would have questioned the collection/legal fees, despite the car being defective under the "Lemon Law" anyway, had the charges not been blatant attempts to take me for a ride, so to speak. I have also been successful at having Identity Theft items removed as well as duplicates and written-off credit past-due for removal. Lest anyone get the wrong idea about me, I don't go to all of this trouble to get new credit cards. I do it to rebuild my credit the same way the paid agencies do, except most of them eliminate most kinds of creditors from their rosters of opponents. And I "lost" against the IRS -- although we made an Offer in Compromise in which my debt of more than $2,500 was slashed to about $241 payable over 18 months -- and the U.S. Department of Education, which after 22 years still wouldn't write-off my loans and at last garnished my wages $136/mo. For about nine months. They're still after me, but I'm prepared now to take them to Federal Court for an injunction if need be... or at least try!

To steeltrap,
I toyed with removing your post because of the unnecessary editorial comments. But I decided to leave it. As you are new here, let me explain something to you. We pride ourselves on the accuracy of the advice given here. So when any of us see something posted that may be questionable, we ask for clarification. We understand that sometimes trying to be concise means opening yourself up for questions. But being asked for clarification is not necessarily challenging you, its simply making sure. There was no need for the editorial comments. A simple answer to the question would have sufficed.

In a repo, there is generally a balance left over after the repo. There is nothing illegal about a creditor reporting this balance or the fact that the loan was defaulted on. So I'm still not sure why you feel the entry was illegally reported.

SteelTrap

If you had a student loan they had every right to collect it.Writing it off is simply an accounting term and if you owe it you should pay it Why would think you would not have to pay it?