Should Someone Whose Source of Income is Social Security File for Bankruptcy?

Kelly Bankruptcy

Aug 31 2022 | 00:07:27

00:00 / 00:07:27

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Show Notes

Hello, my name is Jeff Kelly. I’m a bankruptcy attorney. And in this video, I want to talk about should someone whose sole source of income and social security but owns a house, should they file for bankruptcy. The answer to this question and all legal questions is, it depends. So, as a general rule, I tell people, hey, if your sole source of income and Social Security don’t file bankruptcy, you know, it’s a protected stream of income your creditors, as a general rule, in almost every single case, that can’t garnish your Social Security, you’re spending it every…

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