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Sometimes we “deem” a portion of the resources of a spouse, parent, parent’s spouse, sponsor of an alien or sponsor’s spouse as belonging to the person who applies for SSI. If a child under age 18 lives with one parent, ,000 of the parent's total countable resources does not count.
savings bonds; land; life insurance; personal property; vehicles; anything else you own which could be changed to cash and used for food or shelter; and deemed resources.
A qualified debtor may have debt discharged in exchange for giving up valuable nonexempt property for the trustee to sell to pay creditors.
Even though the debtor will lose some property, there are several advantages of filing Chapter 7 bankruptcy over Chapter 13 bankruptcy.
Not only did they not reopen, they were shuttered and locked by creditors looking to protect assets.
If you decide to sell the excess resources for what they are worth, you may receive SSI beginning the month after you sell the excess resources.Those accusations now form part of a comprehensive investigation by Victoria Police's Taskforce SANO. It often occurs to me that this band of defenders, who shrink with each day in number as the allegations pile up, have painted themselves into a corner and now flail about, trying to come up with something to throw back at those who would tumble down their rather shaky house of cards.But it also strikes me that when you are someone, like they are, who interprets everything in the world from a single, unshakeable, ideological standpoint, you make the erroneous assumption that everyone else does too. Journalists, unlike people who rant at clouds for a living, are constantly required to look into things that perhaps challenge our world view.When an individual is eligible for past–due SSI benefits, Social Security must first reimburse the State if you received any monetary Interim Assistance, while you were waiting for your SSI decision.If the remaining past–due benefits are large, we must pay them in installments.
When given the choice, many debtors prefer filing Chapter 7 bankruptcy because it discharges most debt.