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  2. 'I just was blindsided': This Florida retiree can't claim ...

    www.aol.com/finance/just-blindsided-florida...

    After working in the U.S. and contributing payroll taxes (which are used to fund Social Security), Klass thought everything was as it should be when he received a letter from the SSA in 2019 ...

  3. Bankruptcy Abuse Prevention and Consumer Protection Act

    en.wikipedia.org/wiki/Bankruptcy_Abuse...

    Some narrow classes of payments, for example, social security, are excluded from these figures. Notably, the average income may be higher or lower than the debtor's actual income at the time of filing for bankruptcy. This has led some commentators to refer to the bankruptcy code's "current monthly income" as "presumed income".

  4. Is There a ‘Worst Time’ To Claim Social Security? Statistics ...

    www.aol.com/worst-time-claim-social-security...

    The one thing everyone should know about Social Security is that the longer you wait to claim benefits, the bigger your monthly payment. Waiting until age 70 to collect instead of age 62 can boost...

  5. Should You Declare Bankruptcy? Here's How to Decide - AOL

    www.aol.com/declare-bankruptcy-heres-decide...

    An attorney can also guide you through the process, ensuring that you meet all legal requirements and helping you create a plan that maximizes your chances of a successful outcome. Step 5: Make ...

  6. Bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy

    Generally, a trustee sells most of the debtor's assets to pay off creditors. However, certain debtor assets will be protected to some extent by bankruptcy exemptions. These include Social Security payments, unemployment compensation, limited equity in a home, car, or truck, household goods and appliances, trade tools, and books.

  7. Repossession - Wikipedia

    en.wikipedia.org/wiki/Repossession

    The most common forms of default resulting in repossession are failing to make required payments and failing to maintain adequate insurance coverage. Many U.S. states have enacted additional laws that apply specifically to the repossession of purchased and leased automobiles, and which are intended to afford additional consumer protections. [3]

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