Will I still be eligible for social security payments if I file for Chapter 7 bankruptcy? 9 Answers as of May 19, 2015

Will I lose social security if I file for bankruptcy?

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GARCIA & GONZALES, P.C.
GARCIA & GONZALES, P.C. | Richard N. Gonzales
Filing BK will have NO effect on your social security benefits.
Answer Applies to: Colorado
Replied: 5/19/2015
Janet A. Lawson Bankruptcy Attorney
Janet A. Lawson Bankruptcy Attorney | Janet Lawson
Social security is not affected in any manner by filing for bankruptcy protection.
Answer Applies to: California
Replied: 5/18/2015
A Fresh Start
A Fresh Start | Dorothy G Bunce
Social security benefits are protected from your creditors in every state I know of. But you will want to have a separate bank account for any deposit of money you receive from social security, as co-mingling or mixing money from different sources can result in a loss of protection offered under these laws.
Answer Applies to: Nevada
Replied: 5/18/2015
The Law Office of Darren Aronow, PC
The Law Office of Darren Aronow, PC | Darren Aronow
No, one has nothing to do with the other
Answer Applies to: New York
Replied: 5/18/2015
Ronald K. Nims LLC | Ronald K. Nims
Chapter 7 won't affect your eligibility for social security
Answer Applies to: Ohio
Replied: 5/18/2015
    Tokarska Law Center
    Tokarska Law Center | Kathryn U. Tokarska
    Social security is exempted from most creditors' reach (some exceptions: student loans) and whether you qualify to receive social security has nothing to do with whether you file or have filed bankruptcy. I hope I understood your question correctly. If your only income is social security and you have no significant assets (real estate, investments, etc) I would think about whether filing bankruptcy is necessary. This should be discussed with a bankruptcy attorney who can review your financial situation.
    Answer Applies to: California
    Replied: 5/18/2015
    The Schreiber Law Firm
    The Schreiber Law Firm | Jeffrey D. Schreiber
    No, you do not lose your Social Security benefits just because a bankruptcy has been filed. Unless there has been an over payment of benefits where recovery is being sought, a bankruptcy discharge is not a basis for losing or changing the amount of benefit payments.
    Answer Applies to: California
    Replied: 5/15/2015
    Richard B. Jacobson & Associates, LLC | Richard B. Jacobson
    Bankruptcy will not affect your social security benefits. Good Luck.
    Answer Applies to: Wisconsin
    Replied: 5/15/2015
    Wink & Wink
    Wink & Wink | Gigi Wink
    Not at all. In fact, Social Security is highly protected in bankruptcy and from your creditors.
    Answer Applies to: Colorado
    Replied: 5/15/2015
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