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?

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Probably. What does your policy say?
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If your only source of income is Social Security disability payments can the credit card companies take these payments to pay off your debts to them?

Answer . \nNo, ALL Social Security benefits are exempt from creditor attachment. The person should take care to not commingle funds in a bank account. For SS benefits to be completely protected they should be kept in a separate account, and the bank notified of the account deposit status. Any SS (MORE)

Can the bankruptcy trustee take money for debt repayment in the six month period after bankruptcy disbursement if they receive a large Social Security Disability payment?

Answer . Typically no. There are no absolutes here. If you disclosed to the Court that you were in the process of obtaining Disability, you should have nothing to worry about. However, if you kept this info from them, I would ask the lawyer who handled your case.\n. \n. \n . \n No. All So (MORE)

Can Social Security Disability be garnished for unpaid student loans?

The answer is NO, SSI will NEVER be garnished, except to repay SSI overpayments, which can be recovered by a 10% reduction of benefits. SSI will NEVER be garnished for student loans, back taxes, etc. Regular social security payments (NOT SSI) can be garnished IF you draw MORE than $750/mont (MORE)

Can a convicted felon receive Social Security disability payments?

A felon may receive SSDI benefits if he or she is not incarcerated for more than 30 days and has no outstanding warrants. Social Security will not pay cash benefits to anyone living in a prison, jail, nursing home or other tax-supported facility; however, if the person remains eligible for disabi (MORE)

Could you get a car loan with disabilty income you receive social security disability and you have poor credit?

No offence, but, you are drawing only SSDI, have poor credit, and want to borrow money to buy a car? Obviously with your poor credit, you have not made good choices in the past. And again you are making a poor choice. Forget borrowing money to buy a car. Save your money until you have enough to pay (MORE)

Are social security disability payments taxable?

The general rule of thumb is no, SSDI or SSI are not taxable provided they are the only source of income for an individual or family, however if an individual or family receives income from other sources (private work pensions, part time work, etc.) they may have a tax liability for a portion of the (MORE)

When a person is awarded Social Security Disability Insurance how is it that Social Security can withhold 6 months of pay?

When you are awarded Social Security disability benefits, you do not receive benefits beginning on your onset date. Rather, there is a 5 month "waiting period" before benefits begin.. As a practical matter, however, it is often a 6 month waiting period. This is because the waiting period is 5 full (MORE)

Can a disabled person who receives Social Security Income in the US receive a grant or a small business loan?

Hello Everyone and thanks to all that involve themselves in answering a question I have concerning owning an llc or inc business while being on disability.. To fill everyone in... My wife and I had a business. She ran the business I drew a disability check for a spinal condition every month for the (MORE)

If you are receiving Social Security Disability payments can you work part time?

Yes , if you're disabled but able to engage in part-time work, SSDI allows earnings of up to $1,000 per month (2010) for most disabilities, or $1,640 per month for the blind under SGA guidelines (Successful Gainful Activity). If you earn more than this threshold, you may no longer be considered disa (MORE)

How are Social Security Disability payments different from Social Security payments?

Social Security Disability Insurance (SSDI) is financed with Social Security taxes paid by workers, employers, and self-employed persons. To be eligible for a Social Security benefit, the worker must earn sufficient credits based on taxable work to be "insured" for Social Security purposes. Disabili (MORE)

Can a SBA disaster loan garnish Social Security Disability?

The financial management service of the treasury dept. is threatening garnish my social security disability check if i don't pay them 110,000.00 which mostly interest. I have a heart condition and unable to work, lost business and sold house in short sale and gave them 13,421.22 dollars and that is (MORE)

If you are awarded Social Security disability back pay will your children receive back pay?

Yes. You and each qualified minor child will receive a separate check or direct deposit based on the number of months of back pay awarded multiplied by the monthly benefit amount. Your children's lump sum payments will be smaller than yours, but should be equal to each other unless one (or more) of (MORE)

Can you receive disability social security and adopt?

If you are sufficienty fit to care for and transport a child, maybe. I f you have a mental disability , probably not. Honestly consider your motivations for wanting to adopt. Your ONLY reason should be for the benefit of the child.

What is the average payment on social security disability payments?

The average for October, 2012 was $1,111.09. Payments are based on the disabled individual's work history (in essence, how much they've paid into the social security system). The disability benefit is based on the benefit at full retirement age regardless of the age of the disabled person. While a (MORE)

What is the difference between social security disability insurance and social security supplement insurance?

Social Security Disability Insurance (SSDI) SSDI benefits are given to people who are unable to work anymore because their disability or medical condition is expected to last at least one year or result in death. To be qualified, the disabled applicant must also meet the SSA's strict definitio (MORE)

Can I Receive disability social security after receiving social security?

Once you reach retirement age, your Social Security Disability benefits convert to regular retirement benefits, payable at the same rate. You cannot collect an additional amount due to disability. It is possible that you could qualify for the SSI supplemental security income, which is based on di (MORE)

Repayment of disability social security payments to insurance company?

To begin with I too have Long Term Disability insurance payments and SSDI payments. My policy was specific as to what would happen when SSDI kicked in. My monthly payment would be reduced by the amount of SSDI. In addition I was required to submit any "lump sum checks" issued by the Social Security (MORE)

IS Social Security sending payments to the disabled?

When you are qualified for social security insurance disability payments yes and social security benefits are all one and the same thing. They are both social security benefits and some of the SSB can become taxable income on your federal income tax return.

Can you receive social security disability for angina?

Angina is not an impairment that's presumed to be disabling. Therefore, you would need to show that it's not treatable and that its effects make it impossible for you to perform any work that you would qualify for based on your age, education and experience.

Can you receive cash benefits from your retirement if you are not retirement age and have less than 15 years with company you are receiving social security disability payments?

You should get this information from the trustee of the retirement plan. But for income tax purpose you should be able to BUT the taxable amount of the distributions will be subject to income taxes at your marginal tax rate. It is also possible that from 50% to 85% of your SSB can also become ta (MORE)

Does owning a home affect social security disability payments?

No. Social Security Disability payments are not based on assets, but on income. Owning a house may affect SSI (Supplemental Security Income) payments, especially if the house is particularly large, valuable, or the individual owns more than one house.

Can you receive private disability payments and also receive social security disability payments?

The broad answer to the question is Yes. However, whether both categories of benefits are payable in a particular situation will depend upon whether the applicant is found to be "totally disabled" under SSDI guidelines, and how the private disability policy defines disability. A very comprehensive (MORE)

Does Social Security disability pay for education?

No, not directly. Social Security disability (SSDI) pays cash benefits and makes the recipient eligible for Medicare and certain other social service programs. Your disability may allow you to qualify for tuition assistance or vocational training from your state Vocational Rehabilitation department. (MORE)

How much will social security insurance disability pay?

In 2012, the average monthly SSDI benefit is $1,111, but the amount varies depending on how much you have contributed in FICA taxes. A cost-of-living increase typically is applied each year as well. If you receive SSDI benefits and you have a dependent under age 18, he or she also may be eligible fo (MORE)

What family members can receive health insurance when you receive Social Security Disability?

The following are the only members of your family who may be eligible to get disability benefits based on your work: . Either spouse (as long as aged 62 years old or older) . Spouse, at any age, as long as a child of yours who is younger than 16 years old or disabled is under his/her care . Un (MORE)

Will disability social security pay for cremation?

A one-time payment of $255 is payable to the surviving spouse if he or she was living with the beneficiary at the time of death, OR if living apart, was eligible for Social Security benefits on the beneficiary's earnings record for the month of death. If there is no surviving spouse, the payment (MORE)

When you get a car on disability do they pay your insurance?

It is unclear what you are asking, but I will do my best. If you are asking whether you can buy a car with your disability payments (from a private insurer, Social Security Disability, or otherwise), yes. Keep in mind, though that that may leave you short for other needs, but it is business decis (MORE)

How do you qualify for social security disability insurance?

There are a few requirements for qualifying for Social Security Disability Insurance. The first, you must be insured. That generally means you must have worked and paid into the program (payroll taxes) for five of the last 10 years. You must also have been disabled before reaching full-retirement ag (MORE)

Can a payday loan garnish your social security disability for non payment of the loan?

No, if the lender doesn't receive collateral from you - their only recourse to recover the debt is small claims court. If they do open a claim against you in small claims court and win, the judge could issue a writ of garnishment for a percentage of your social security disability payments - however (MORE)

What if you are unemployed and are receiving unemployment benefits can you still get social security disability payments?

You don't say where you are - so I'll have to answer as per UK law... I would say no. If you're simply unemployed, but capable of working, you can claim unemployment benefit. If you're on a disability allowance - that means you're incapable of work (and are thus not entitled to unemployment benefit) (MORE)

Does your disability insurance company have the right to know your receiving social security disability for the same disability?

Yes. Most if not every disability insurance contract specifies that you must provide them with all "proof of loss", including information about the nature and amounts of income from other sources. If you have a group disability policy (sponsored by your employer, union or an association, for exam (MORE)