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San Antonio Bankruptcy - Bankruptcy & Social Security

Social Security Income & Bankruptcy - San Antonio

People living in San Antonio that receive Social Security income, and need to file for bankruptcy are often concerned that their creditors may be able to take their Social Security income if they file bankruptcy. Alternatively they may also be under the impression that creditors outside of a bankruptcy context can take their Social Security income.

If you are receiving Social Security income and need to file bankruptcy, contact the San Antonio Bankruptcy Attorneys at The Law Offices of R.J.Atkinson. We can answer your questions about Bankruptcy and Social Security income at a free bankruptcy evaluation.

Social Security income is considered exempt in bankruptcy. In other words your creditors cannot take your Social Security income benefits in a bankruptcy proceeding. Since Social Security benefits are exempt under 11 U.S.C. § 522 (d)(10)(A) no creditor including the bankruptcy trustee can take your benefits. Federal Law provides that Social Security benefits are exempt from garnishment, levies, or assignments by most creditors, and it is likewise exempt from the trustee in a bankruptcy case whether it is under Chapter 7 or Chapter 13 Bankruptcy.

Now even though Federal Law and Texas Law allow exemption of Social Security income in bankruptcy, there are instances where certain kinds of taxes, student loans, social security over payments, or debts due to Federal agencies may attach to Social Security income outside of bankruptcy. These types of attachments may be in effect when someone files for bankruptcy or may even be the motivation behind filing for bankruptcy. In these cases the automatic stay of bankruptcy will temporarily stop such action but after the case is filed things can change.

Every case is different. And, since every case is different, every case should be evaluated by bankruptcy attorney who can examine the specifics of your case to determine whether your Social Security income may be attachable by a creditor outside of bankruptcy.

Generally most all income payments you may receive under the Social Security Act are exempt in a bankruptcy proceeding. These go to include Social Security retirement income, SSI or supplemental security income, SSDI or Social Security Disability Insurance benefits.

If you receive Social Security or rely on Social Security income to pay for all of your necessary living expenses, encountering a financial difficulty however temporary could make things go from bad to worse. Many people in San Antonio receiving Social Security not only live on a fixed income, but often have no other source of income available, which can exacerbate any financial problems. Filing for bankruptcy can provide many benefits to those on Social Security needing debt relief. If you are facing financial problems such as foreclosure, repossession, or loss of property, we may be able to help. Bankruptcy was designed to help honest debtors who need debt relief and a fresh financial start.

If you are receiving Social Security income and live in San Antonio, Boerne, New Braunfels, Converse, Helotes, Kerrville, Comfort, Bandera, Canyon Lake, Seguin, or in Bexar County, Comal, Gonzales, Guadalupe, or Kerr Counties and need to file bankruptcy, contact The Law Offices of R.J.Atkinson. We would like to help you eliminate your debt and get a fresh financial start. Our San Antonio Bankruptcy Attorneys can explain how your Social Security income would be treated in a bankruptcy filing at a free bankruptcy evaluation.

Social Security Income — Bankruptcy — Debt Relief — Retirement Income

Contact San Antonio Bankruptcy Lawyer R.J.Atkinson: 210-805-9909

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San Antonio Bankruptcy Lawyer offer Affordable Bankruptcy & Debt Relief Services. San Antonio Bankruptcy Attorney provides Low Cost Bankruptcy & Discount Rates on Bankruptcy Attorney Fees serving San Antonio, Texas.

Bankruptcy Attorney Lawyer RJ Atkinson provides Chapter 7, 11, 12, 13, Affordable Bankruptcy Help & Discount Legal Services in San Antonio
Filing Bankruptcy can sometimes be the fastest way to get out of debt and may be the most affordable way to get a fresh financial start. Chapter 7 Bankruptcy can quickly wipe out your debts, increase your credit score, stop wage garnishments, get rid of credit card debt, eliminate medical bills, stop payday loans, stop bill collectors, erase negative credit reporting, and reestablish new credit after bankruptcy. RJ Atkinson, San Antonio Bankruptcy Lawyer has payment plans to make filing Chapter 7 or Chapter 13 Bankruptcy affordable which include low cost flat fees for Chapter 7 that may be considered the cheapest bankruptcy attorney fees compared to fees other bankruptcy lawyer charge. Chapter 13 Bankruptcy can save your home from foreclosure, save your car from repossession, lower monthly payments, reduce interest rates, get rid of late fees, reduce credit card interest, payoff high credit card debt, raise your credit score, stop creditor harassment, get rid of debt, reduce debt, eliminate creditor calls at work, stop collection calls, start over financially, discharge debts and/or be debt free in 3 to 5 years. IRS tax problems, tax levies, wage garnishments, back taxes, payroll taxes, income taxes can often be handled in Chapter 13 bankruptcy. Divorce/Bankruptcy – past due child support arrears, alimony, spousal support, and divorce debt can often be handled in chapter 13 bankruptcy. The Law Offices of RJ Atkinson handles debt consolidation, loan modifications, credit card debt settlement, debt negotiation, lawsuit defense, IRS problems, credit card lawsuits, TROs temporary restraining orders to foreclosure, forbearance agreements to foreclosure, FDCPA Fair Debt Collection Practices Act lawsuits, FCRA Fair Credit Reporting Act lawsuits, credit report disputes, debt collection lawsuits, adversary complaints in bankruptcy, bankruptcies, foreclosure workouts, mortgage short sales, real estate property tax disputes, civil litigation, commercial litigation, tax lawsuits, small business bankruptcy, corporate bankruptcy, business creditor representation, and most every kind of debt related issue or financially based legal problem on a case by case basis.

San Antonio Bankruptcy Attorney at RJ Atkinson handles Personal Bankruptcy, Business Bankruptcy cases and discount legal services in and around San Antonio TX Bexar County, as well as in New Braunfels, Cibolo, Comfort, Bandera, Boerne, Kerrville, Hondo, Castroville, Medina, Poteet ,Pleasanton, Lytle, Live Oak, Leon Valley, Jourdanton, Floresville, La Vernia, Nixon, Poth, Stockdale, Carpenter, Ingram, Hunt, Center Point, Selma, Seguin, Schertz, Helotes, Garden Ridge, Hill Country Village, Fredericksburg, Uvalde, Alamo Heights, Terrell Hills, Universal City, or in the counties of Atascosa, Bandera, Bexar, Comal, Dimmit, Edwards, Frio, Gonzales, Guadalupe, Karnes, Kendall, Kenney, Kerr, Maverick, Medina, Real, Terrell, Uvalde, Val Verde, Wilson, Zavala.
Pursuant to 11 U.S.C. §528, “We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.”
San Antonio Bankruptcy Lawyer 8000 I.H. 10 West, Suite 600, San Antonio, TX 78230-3868. Bankruptcy Phone: 210-805-9909