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Bankruptcy

Are SSI and Social Security Disability Payments Exempt from Bankruptcy Claims?

If you receive Social Security Disability (SSD) benefits and file for bankruptcy, your checks are usually safe.

If your benefits come from SSI, which is a welfare program for the needy, they are always exempt from creditor claims.

However, SSDI payments technically qualify as "work" income, so they may be subject to bankruptcy claims.

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Good Article on Social Security Benefits for Divorced People

This is a good article which outlines Social Security benefits for divorced people. The article refers to "divorced women", but it also applies to divorced men (especially if the woman had higher earnings).

Excerpt :

The law says a divorced woman, who was married to her ex-husband for a minimum of 10 years, is due essentially the same benefits as a woman who is currently married to her husband.

National Social Security Advisor Certification Available

If you're looking for advice on Social Security benefits, it may be useful to find someone with the "National Social Security Advisor" certification.

Although the NSSA appears to be a privately issued certificate, it seems to convey some level of knowledge about Social Security benefits. Finding a financial advisor with NSSA certification may be something worth exploring.

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Not affiliated with the US Social Security Administration