Why Seniors Shouldn’t Worry about Debt Collectors

Many seniors without means are threatened by #debt collectors over #debt they may not have the ability to pay. Good news for seniors: if you're in #debt, the law protects you in many ways that you may not know. Hear Attorney Eric Olsen, Executive Director of the HELPS Non-profit Law Firm, explain why seniors should not worry about #debt collectors.
Time Stamps
0:00 Introduction to Attorney Eric Olsen and his Debt Collector knowledge
1:30 Is debt a growing problem among America’s seniors?
2:02 What happens when a senior doesn’t pay their debt?
2:36 The rules that debt collectors should follow according to the Fair Debt Collection Practices Act
3:30 The different kinds of debt collectors
3:54 Debt collectors will never tell a senior about their rights
4:04 How it’s different when a senior owes money
7:14 What seniors should never do when dealing with a debt collector
8:35 How a “cease and desist” letter can get debt collectors off your back
9:15 How to verify the debt and make sure you’re not being scammed
10:40 Seniors may still get sued, but their assets may be protected
14:45 How to find a “cease and desist” letter to send to debt collectors
15:20 How the HELPS Non-profit Law Firm can protect seniors from debt collection harassment
16:57 How to contact the HELPS Non-profit Law Firm
In this video, Jeff Hoyt interviews Attorney Eric Olsen, Founder and Executive Director of the HELPS Non-profit Law Firm, on the laws surrounding #debt collectors, how to verify whether a #debt someone is trying to collect is real, how to deal with #debt collectors, how to get #debt collectors to stop calling and harassing you, why you shouldn't send a #debt collector even a small amount of money, other things you should avoid sharing with #debt collectors, why you shouldn't worry about #debt collectors suing you, and how Eric and the HELPS Non-profit Law Firm can help you if you're struggling with debt.
Seniors owe more #debt than ever before, with many living close to the poverty line, and the problem continues to grow. If a senior doesn't pay their #debt, be it a credit card, medical bills, or other #debt, eventually it will be turned over to a collections agency. But these debt collectors are bound by certain rules, and when it comes to the law, knowledge is power.
You should know when #debt collectors are breaking the law in their attempts to collect from you. Debt collectors will never tell a senior about their rights, but we will. The laws governing #debt collection change when a senior retires and starts receiving Social Security, a pension, disability, or Veteran's Administration (VA) benefits. In this video, you'll learn how your bank accounts are protected by law and why they could be out of reach of #debt collectors. A senior could still be sued, but the debtor may never be able to collect.
The attorney details the two types of letters a senior could write. He lays out where seniors could find a “cease and desist” letter that can get #debt collectors to stop harassing you, and how to use a different letter to verify their #debt is real, who was the original debtor, and other details about the amount owed. If you want to pay off your #debt, you should first establish that it's real and not a scam.
Eric Olsen also explains the actions that seniors should not take when dealing with a #debt collector that could affect the statute of limitations. If you make a mistake, you may restart the clock on how long a #debt collector has to try to collect the #debt.
Finally, the lawyer explains how the HELPS Non-profit Law Firm acts as the attorney for seniors dealing with aggressive debt collectors so they legally can't contact them anymore. If you're struggling with debt, Eric and his firm may be able to help you.
Jeff Hoyt is SeniorLiving.org’s Editor-in-Chief.
For why seniors don't have to worry about old debts, watch • Why Seniors Shouldn't ...
To learn how seniors can avoid paying taxes legally, watch • How Seniors can Avoid ...
To watch Attorney Eric Olsen explain why seniors don't have to worry about student loans, check out • How Seniors can Avoid ...
To learn when seniors should consider Bankruptcy, watch • Seniors and Bankruptcy
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For more tips for seniors: www.seniorliving.org/
If you're interested in joining the hundreds of thousands of families who've found senior living communities on SeniorLiving.org, read the reviews on our website: www.seniorliving.org/housing/
To contact the HELPS Nonprofit Law Firm, call 1-855-435-7787 or visit helpsishere.org.
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Like to save money? Please watch: "The Best Senior Citizen Discounts"
• The Best Senior Citize...
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[@shirleykimberlin7447]

Thank you for every video you do to help seniors. Most people don't want to help seniors at all. Your videos are so helpful to so many. Thank you for your kindness in helping those of us who have no family and need information like this to help live out our life with some dignity .

[@weldonmcmillan5732]

Very limited and guarded advise. How about $1000.00 per violation per call and or per letter. After they are advised to leave you alone verbally or by even a hand written response letter to stop calling or writing

[@jesserodriguez2769]

What about doctors n hospital bill.

[@tikitavi7120]

Just knowing the Helps service is available has a calming effect.

[@bentnickel7487]

Watching your channel gives me a feeling of like someone is "on my side". I don't owe anyone, but I've learned some things that help me sleep at night. Thank you for that.

[@markspangler8573]

Thank you.

[@SeniorLivingOrg]

You're welcome!

[@lenacarrillo2430]

The information provided in your videos really settled my mind. As a senior I was worried, but not anymore. Thanks

[@joely83able]

absolutely terrific info. didn't we already pay our dues working for years ? yes

[@janieg8287]

If you get behind on your debts you might not have to pay them, but it ruins your credit and makes it almost impossible to get an apartment or a car.

[@ericolsen2141]

Not exactly the case. HELPS furnishes a letter to any senior called a landlord letter that explains to a prospective landlord that the senior may have negative credit entries but all their income is protected and available to pay rent. Cars are readily available, almost regardless of credit, however many lower-income seniors simply cannot afford a car payment. There are means to get decent transportation for minimal cash. Remember we are talking about many seniors who have to choose between being able to buy the medicine and food they need or keep up on the past credit card debt. Eric HELPS Nonprofit Law Firm

[@anniesshenanigans3815]

@@ericolsen2141 well if I were a landlord, I would look really closely at someone that is on SS and running from debt. Was it because of medical debt? or just consumer debt that they may end up doing the same thing with their rent? Bad habits follow people wherever they go, and a Senior surely isn't going to change overnight if they have gambling issues or poor spending habits. So what does the HELPS do in order to show that this is something that is not the seniors fault? So before anyone starts assassinating me for my question, I have a friend that is 65, makes almost 100K a year, and is filing bankruptcy because she has a gambling habit that is totally out of control, and probably will continue even after the bankruptcy. It's really the only reason she is still working that high paying job instead of retiring. Does this organization check this sort of thing out??

[@ericolsen2141]

@@anniesshenanigans3815 Good questions HELP doesn't "check people out." And after over 40 years helping people with financial problems and nearly 50,000 bankruptcies I have learned that financial problems are far more often not the result of "bad habits, but the vicissitudes of life. However, HELPS will provide any senior who requests what we call a "landlord letter." That letter tells a prospective landlord that the senior's income, Social Security, pension, disability, Va benefits are protected by federal law, can't be garnished, and available to pay rent. Landlords are rightly concerned that a person's income could be garnished and they would not have the money to pay rent. While this is true for younger persons who are employed for wages it is not the same for seniors with protected retirement income. Many landlords, like many seniors, have no idea that this income is protected. A senior applying for rent can show this letter to a prospective landlord before making an application and paying an application fee. The landlord or person handling the application could read it and realize that the seniors income will be available for rent despite negative credit entries. This can save the senior an application fee where corporate policies have no exceptions. Our experience is this letter has a dramatic effect on the likelihood of a senior to be approved for housing. Seniors are often the best tenant a landlord could have. We also enclose a letter with tips on how to apply for housing. Eric HELPS Nonprofit Law Firm

[@montanateri6889]

@@anniesshenanigans3815 You've misunderstood. its not just "seniors" its a senior or a person on SSD, SSI, or social securtiy pension. Other pensions are exempt from bill collectors to, although a voluntary 401k account I don't know anything about. The person you're talking about is not exempt from debt collection as they are not retired or on a pension. As for the bankruptcy, a judge will look at the income generated or what you can earn and may change the bankruptcy to a reorganization where they have to pay xx amount each month on the debt total (to the court). Also, if they are making 100 tho a year, all property has requirements in a bankruptcy. Personal property, vehicles, houses, boats, all have limits of equity you're allowed to keep -- if its over that limit, you have to sell it. If you're paying a house mortage of $10,000 a month, hey, tough, you have to sell it as you can't afford that payemnt if you say you're broke. Look up limits on personal property if filing bankruptcy.

[@anniesshenanigans3815]

@@montanateri6889 you missed my point. I said that someone with these habits do not change them after bankruptcy. And after retiring and quitting that high paying job the habits do not end.

[@analeelangbauer4806]

I’m filing for chapter 7 because I didn’t want to go through their calls and harassment . I’m 75 and too old to go through that

[@ericolsen2141]

You can certainly do that. Before starting HELPS I filed over 40,000 bankruptcies. Filing a bankruptcy for many seniors is like using a sledge hammer to kill a knat. Sure it works but there are far easier ways. And frankly unnecessary. Eric HELPS Nonprofit Law Firm

[@chantalsslippersondeedeesf4853]

@!Analee Langbauer,I may decide to do this too... I'm am way beyond stressed and don't need it. I'm to old to be stressed by Debt Collectors and now Law suits that are going to be filed soon! Can't live this way.. It's easier said than done when a person tells you, "Seniors don't have to worry" As soon as I get a collection letter, I start to panic! It's just to much to deal with for 6 years!

[@anniesshenanigans3815]

filing bankruptcy is far more trouble than ignoring calls and letter. just my opinion.

[@chantalsslippersondeedeesf4853]

@@anniesshenanigans3815 This is true!!

[@lorisharpe5404]

I don't want any of them know what to 4

[@PattisArtInnaVan]

This is SUCH good information to have! I have been worrying myself sick over a problem with a debt collector and I have a feeling that I will be calling in the near future. You have taken such a huge weight off of me, thank you from the bottom of my heart!

[@chantalsslippersondeedeesf4853]

@Patti Crane, please call HELPS, you will not regret it. I've been a client for over a year. Like you, I worry 24/7!!

[@PattisArtInnaVan]

@@chantalsslippersondeedeesf4853 thank you Katrina I absolutely plan on it!! Awesome to know someone is on the side of us seniors!!

[@White-ms9uo]

I have to call. Was served a summons today from debt collector from old credit card. They attached the old cr cd bill from 2018.... Scared :-( On ssi and edd. And I'm making mo.pmts to irs on the edd money. Worried if they can take my car. Help Mr Olsen!!

[@dechinta]

I had a creditor call me at 3am one time. It was during Covid and I suppose they thought if they were working from home, they could call whenever and this poor, disabled senior would be so dead to the world that she would just spout off her banking info and tell them to take the full amount. Only this poor disabled senior is not stupid, so they didn't get my banking info which didn't have any money in it anyway. The only thing I do regret about the situation was that I was asleep when they called and after hanging up on them, I was so incensed that I deleted and blocked the call. LATER, I wished I had gotten all the information about who it was who called, recorded the conversation and let someone know that this company had called me at 3am on a weekend night. And I have heard they can't call seniors on Sundays, but they most certainly do.

[@erikpoppke8689]

Greetings Erik: Thank you for you concern and help. I'm 83 and living on SSi ($1200 per month). I'm not mentioning the State as not to open a can of worms. I drove a school bus full time for a large school district and near the end of the ten years I helped a friend who was a dispatcher by occasionally covering a route for her in another district in the metropolitan area of the city. When Covid hit, my district shut down and I filed and received unemployment for the alloted time period. My case was called for review by the State Workforce dept and assigned a "Judge Advocate" and my case was held virtually by phone with all parties. The advocate based the case on the accasional driving at the metropolitan district. When He first came on line I advised him I worked and filed for unemployment with the main district with whitch I had been driving for ten years. His response was quite startling: he shouted out "no no you can't mention your main district, this is about the metropolitn district". My case was denied, i was back charged $ 8,000. dollars and a court garnishment was filed. No attempt has been made to collect as of yet (one and a half years) however the court order remains hanging over my head. By the time Covid passed, due to health issues and the safety of the children I opted not to return to driving and now live or try to live on my SSi. I would appreciate your advice and or help. Thank You. Erik Poppke

[@HELPSNonprofitLawFirm]

They can't collect so no worries. You can call HELPS with questions Eric HELPS

[@MrsEJV]

Could you clarify “don’t pay them a dollar”? I’m willing to pay back as much as I can but I was supposed to pay half a debt but got stuck with the whole thing and I can’t swing it.

[@vanessahightower-corbett4699]

HELPS! Thank you for providing this senior pertinent info. It helps me help my 93 year old mother.

[@Elle-ws5lm]

@ Marlene - There is HUD for seniors age 62 and up. There are other housing options. I know someone who is living in a HUD apartment facility. It is very nice. Within the past 8 months HUD put down brand new wood plank floors. Painted the halls ( there are 3 levels and 75 apartments) , a soft, sandalwood brown, including all the doors to the apartments, and did the trim around the doors and on other areas in white. - Right now, this HUD facility has received approval to replace all its washers and dryers. - As far as owning a car, it can be done. There is more than one way to skin a cat. - I am so Grateful I found this gentleman and this channel.

[@ericolsen2141]

Section 8 HUD housing is a great option for many lower-income seniors. I believe Senior Living will be doing a video on this shortly Eric HELPS Nonprofit Law Firm

[@shielanunn3484]

That's my problem a Car..old one trans shot accessories falling off ran it into the ground..Don't have Income or ability to GET financed

[@elizabethashton9590]

Try getting a HUD voucher or onto a HUD waiting list. THEY HAVE BEEN CLOSED FOR YEARS, 3 AND 4 YEARS IN MANY STATES. SO NO SECTION 8 IS not A GREAT OPTION FOR MANY LOWER INCOME SENIORS.

[@bonniej0]

To get guess what 22 years ago the loan was 115 and they're still saying I own 90 which is ridiculous The only time I took off was since September 2020 until September 23 I've been paying it on time I never even fell behind when they discharged it and also they put that my house was $58,000 exempt in my bankruptcy according to the homestead and act and everything I guess I don't know doesn't that mean that they should have taken 58,000 off of it when I started kept paying after the bankruptcy? That it should be exempt?

[@susiebaker87]

Im being Sued, but they never could Verify my Wet Signature! This Debit was in Calif and Im now living in Washington state. Im 76 yrs Old.Have a Court date in June.

[@SeniorLivingOrg]

To contact the HELPS Nonprofit Law Firm for help, call 1-855-435-7787.

[@judyhalsell9510]

Me too 76 and going to court.

[@susiebaker87]

@@judyhalsell9510 mine got changed to Nov 7th.

[@darykinnaman2319]

I am a senior who hasn't been able to supplement my income during this crisis. I have been using my credit and making every payment on time. I have been using my savings and trying to get a reconsolidation loan. Because my credit usage was so high (around $16,000), the credit reporting agencies dropped my credit score to 550. I have been turned down time after time, and I have tried in earnest. They literally force you into a corner, had I gotten the loan I might have been able to manage my debt. I can't take it anymore. Thank you for the video, I now know what to do!

[@SeniorLivingOrg]

Contact the HELPS Nonprofit Law Firm, call 1-855-435-7787 or visit helpsishere.org.

[@HELPSNonprofitLawFirm]

@@idabennett8470 I believe you have talked with HELPS before and we have gone over this with you. There are reasons why a persons with protected income would choose to file a chapter 13. For example to stop a foreclosure and cure a missed mortgage payment. Eric HELPS

[@johndanielson4481]

Disabled Senior sued for illegal debt by uop. Social security checks garnished - senior became homeless. In the usa. :(

[@aldotruden3057]

What happens if a senior citizen collecting Social Security and as a part-time job. Would that make a difference on paying the debt?

[@HELPSNonprofitLawFirm]

Should not change anything. Federal law protects $217.50 net per week in wages in every state and some states have wage protections much higher and a few don't even permit garnishment of wages. On top of that a senior would have to be sued which could be unlikely and the judgment creditor would have to know where a senior is working. So all in all unlikely for many reasons that a part time job with Social Security will change anything. Your income is protected. Eric HELPS

[@MrSpinteractive]

Thank You both soo much!

[@cherylmcnutt9905]

Thank you so much for this information!

[@SeniorLivingOrg]

You are welcome. Please share the channel with your friends.

[@clydeb7713]

Careful. A written off debt will be reported to the IRS by the creditor and you'll get a 1099C. You must report this as income and taxes might be owed. If you have little assets you can file a form to claim insolvency. If your debts exceed your assets the difference becomes the taxable amount you are liable for If entering this net amount is within your standard deduction you may not owe any tax

[@HELPSNonprofitLawFirm]

A 1099c will likely have zero impact on a lower-income or poor senior for a gazillion other reasons. As a practical matter many seniors are not even required to file taxes and if they do owe taxes they can get on currently not collectible status. Eric HELPS

[@clydeb7713]

@@HELPSNonprofitLawFirm If you have $50k in credit card debt and they write off, the IRS considers that income that must be reported!

[@HELPSNonprofitLawFirm]

Yes but if the senior is insolvent meaning their debt exceeds assets they can file form 982 and not owe any taxes. Note what is discussed here is the situation for lower-income seniors. Speaking from over four decades as an attorney practicing in this area. Eric HELPS @@clydeb7713

[@SuperThunder911]

Awesome video,thank you very much 👍

[@SeniorLivingOrg]

Please share the channel with your friends and family.

[@gisellebarrow9672]

I am sooooo thankful for this information!!!

[@mariabell]

I have two summons and I responded and they sent me the same papers back. What should I do?

[@aeiv5754]

What about IRS debt for back taxes? Do these same rules apply? What if I have passive income from a farm , is that protected too?

[@HELPSNonprofitLawFirm]

Many seniors can qualify for non-collectible now status with the IRS and pay 0 for past due taxes. Senior Living has a video on this topic. What other forms of income depend on state law, but rents from a farm would be unlikely but then a creditor would have to have a judgment and know about the income in order to garnish it which would be highly unlikely Eric HELPS

[@sinebar]

Doubt it. IRS has super powers. They can walk through walls and travel time.

[@haroldtanksley7553]

Your intel is awesome 👍

[@SeniorLivingOrg]

Thank you! Please share the channel with your friends.

[@eb1266]

This is such important info for seniors, I worry about my mom. I will let her know

[@SeniorLivingOrg]

We are glad to help.

[@whatshislips8435]

I stumbled across your site and found it to be most informative. In fact I feel like, serious serendipity. (Yells loudly "Kunta Kinte Ive found you !!!) Ahem... senior here.

[@SeniorLivingOrg]

You are in good company. Please share us with your friends.

[@bobdonovan4505]

thank you

[@The_Temple]

this ought to apply for people receiving SSDI/SSI as well, not just seniors per se

[@HELPSNonprofitLawFirm]

It does all forms of SS income are protected regardless of a persons age.

[@MrsZzz-tf5hq]

It does. If you get ssI or Ssdi no matter your age they can’t touch you.

[@The_Temple]

@@HELPSNonprofitLawFirm my point exactly, counselor and @Mrs. Zzz not only seniors receive social security & equally able to protect that revenue stream

[@johndanielson4481]

Not student debt from uop.

[@garyjinontariony]

I have just started 1st mistake. On me, started a 64 so had to pay back 6k to ssi from working longer then August time limit money I can earn was past smoker 2115 quit them vaped to ween me off nicotine, work was charging me for being past smoker then christmas fellow employee at Harris corporation so I quit January 2020 I fired them, , could not collect unemployment so live on ssi 12k a year. School loan is last payout to get rid of credit cards are gone, is still gonna be hard have no home, am with brother, going to buy a used van and am going camping, thanks for working 40 yrs. God Bless

[@ninjakris3004]

Thank you both for sharing your time and knowledge

[@SeniorLivingOrg]

Our pleasure! Glad we could help!

[@jamespha9896]

thank you very helpful info.

[@SeniorLivingOrg]

You are very welcome. Please share the channel with your friends.

[@jamespha9896]

thank you i will

[@dondayton8699]

What about garnishments?

[@ericolsen2141]

There are other videos on Senior Living that explain how seniors income is protected from garnishment in detail. Eric Olsen Executive Director HELPS Nonprofit Law Firm

[@jeffcarter407]

What about the 1400 stimulus check??? Can someone take that?

[@aniea5664]

No

[@allenb4759]

I got a letter that said the IRS can't take it even if you owe unpaid taxes and it is tax exempt.

[@ericolsen2141]

A creditor would first have to have sued you and have a judgment before a stimulus check would even be at risk. If that hasn’t happened, your stimulus check can’t be garnished. If you have a judgment, some states have Executive Orders that protect this stimulus from garnishment. Here is a link to a website listing which states protect this additional stimulus: www.natlawreview.com/article/covid-19-us-state-policy-report-march-4-2021 What if you have a judgment and your state doesn’t protect the stimulus under an Executive Order? I will explain how it can be protected from garnishment. The stimulus check is deposited into your bank account, into which Social Security is paid. It can’t be taken before it is deposited into your account. Twice the amount of monthly Social Security or federal benefits deposited into your bank account is protected from garnishment no matter the source of monies in the account at the time of the garnishment. That means if your Social Security is $1500 per month, then $3000 is protected automatically no matter the source of funds in the account at the time of the garnishment. If you keep the balance in your bank account less than twice the amount of monthly federal benefits, then the stimulus check deposited into the account is protected from garnishment. Finally, the government will not take your stimulus for monies owed for taxes or other government debt. Eric HELPS Nonprofit Law Firm

[@White-ms9uo]

@@ericolsen2141 Eric I was served a summons today from a debt collection law frm in Sacramento. 1700 citicard I just had to stop paying. Couldn't afford. I'm 69. Collecting edd after being laid off 4 times. Last time due to covid. Had to move in with a girlfriend . No family, no house. Only car. Scared. 275per week edd starts sept. Can they take my wdd? Car? Please help. I have to call you?

[@vivianmckeithan7487]

Thank you for all of this information 🙏🙏❤️

[@SeniorLivingOrg]

You're very welcome.

[@tomgarcia1354]

At age 61 a lien was placed on my property's title for child support. Is this legal since I don't who,why and I never lived in that county. What should I do? So when I pass away can they collect the amount if the property is sold?

[@HELPSNonprofitLawFirm]

There are state laws that provide that a lien can be placed on property records for past-due child support owed. The lien will show the "who" and the why is obvious. And if there is a lien then the debt will be an encumbrance on the property if sold and at death. The lien will prevent a clear title until paid or satisfied. Of course, if the lien is invalid it can be challenged. Eric HELPS

[@tomgarcia1354]

@@HELPSNonprofitLawFirm thank you Eric. If my DNA is on file with calif. Can the state use that to match paternity. Do you think my best option is to challenge. I have challenged before and proven that I was not the father.

[@crocmuncie]

I am 62 now I am on ssdi I get a pension and I get a check from my church once a month for collecting the ma😢a debt collector got a judgement requiring me to appear to answer questions under oath or fill out a form swearing my income or assets well the form was confusing I filled it out and mailed it but after thinking about it all night I hand wrote a letter with personal info and the 3 sources of income and that I own a home and the land it’s on and a 2003 vehicle and said I swear before God that all this was true to the best of my knowledge I included all account numbers and for my checking account as well I don’t have any savings account or stocks or securities I have 1 IRA with 86.00 dollars in it I put that info on the form and I mailed the hand written letter the next day will this stop the suit against me I need a little advice on this I will download a C and D letter and send it to them I have a copy of their address I had several cards but this is the only one to go to this extent it was for a synchrony card and they bought the debt their name is Blitt gains P C in illinoi did I do the right thing do I need to send a D and C letter to them hope you see this it would make me feel much better if you gave me some advice my total monthly income is between 1800 and 1900 dollars God bless you 😊❤

[@andreahughes6288]

The only problem is if you don't file bankruptcy you can't ever rebuild your credit rating.

[@ericolsen2141]

The information on this video is oriented primarily towards seniors with lower- income, even poor seniors. You could have a perfect credit rating but if your income isn't sufficient to pay a loan it would not do you any good. Good credit is not a panacea. If you don't have sufficient income legitimate lenders would not consider a loan. Seniors often are not interested in incurring more debt. Additionally, the cost to file bankruptcy, often between $1500-$2000 or more is way beyond being affordable for many seniors. Before founding HELPS I probably filed over 40,000 bankruptcies so I understand the importance of bankruptcy as an option. However, bankruptcy for seniors is probably more often unnecessary and even a bad idea. for many reasons. And yes there are always exceptions. I believe Senior Living has a video that talks about seniors and bankruptcy that goes over this issue in more detail. Eric Olsen Executive Director HELPS Nonprofit Law Firm

[@omikredarhcs8221]

Not true, I have this book, Debt Cures :"they" don't want you to know about, by Kevin Trudeau saved me time and hassle.

[@andreahughes6288]

@@ericolsen2141 I've filed bankruptcy before and I was able to make small payments to my attorney till it was paid off but your right a lot of seniors can't afford to file bankruptcy. Also a lot of attorneys want half down and the remainder paid before they file your bankrutcy and most seniors dont have half down, because half down is a lot of money to come up with when your on a fixed income, but rebuilding your credit is good to do if you can manage to do that because you can't get approved to get utilities turned on, get a phone in case of emergencies, a car loan to get to the doctor or buy groceries etc, or rent a home or an apartment unless you have good credit which are all necessities of life for most seniors. It's sometimes a catch 22 in some cases.

[@shielanunn3484]

AT 81 tears don't care about a credit rating...not planning on buying any high dollar purchases

[@mikestephenson4811]

Awesome information ty

[@SeniorLivingOrg]

Glad it was helpful!

[@Soccox]

Is this information still applicable today, two years later. Here is my question: can social security income be garnished for a credit delinquent account, and thank you for any replies

[@SeniorLivingOrg]

Yes, the laws still apply. Thanks for watching!

[@tylerstrong4370]

Basically. You can't squeeze blood from a stone.

[@SeniorLivingOrg]

Agreed.

[@johns4699]

My wife and I are 69 years old we have medicare and Blue Cross Blue Shield secondary insurance. My wife got a call from a debt collector from a hospital from 2016 looking for $1000 payment if anything my insurance company would have paid it and only have a small deductible, and I know in the state of Florida a medical debt cannot be collected after five years, this debt collector keeps calling my wife. I told her to hang up on him. What else can I do?

[@SeniorLivingOrg]

I'm not a lawyer, so this isn't legal advice, but you have options including asking for written evidence of the debt and sending a cease and desist letter. You can contact the HELPS Nonprofit Law Firm at 1-855-435-7787 or visit helpsishere.org.

[@marklansaw1261]

i really appreciate this site

[@SeniorLivingOrg]

Thank you. We appreciate you as well!

[@acynd2]

I’m on SSD 63 on disability with 2 liver transplants and they garnished me for 6 no and turned it over to collections for a student loan.

[@ericolsen2141]

The video points out at the beginning that it applies to certain types of debt- consumer debt. It is possible for 15% of Social Security to be offset for past due student loans. However many lower-income seniors would qualify for an income-based repayment plan and be required to pay 0 dollars per month for past due student loans. SeniorLiving has a new video on this. I suspect the vast majority of seniors who are having their Social Security offset for a past due student loan would qualify for an income-based repayment plan and pay nothing. However they don’t know about that option or how to do it. In fact if you are on SSD you can probably have the SL easily discharged. Eric Olsen Executive Director HELPS Nonprofit Law Firm

[@mbrights3158]

@@ericolsen2141 Hello, my understanding is one pays a percentage of their income on an income based repayment plan. would you mind briefly explaining what you mean that a senior could pay zero on an income based repayment plan? I also have never heard that student loan debt can be discharged if you are a senior on social security. I am new to learning about this. I am going to have to start figuring out my options because I have to start paying on a large student loan in about 9 months and am extremely worried. Thank you so much.

[@grannylearns9156]

Many people think student loans are never forgivable. But (Federal student loans) they are in certain cases. Illness that doesn't allow you to work is one of these reasons. You need to apply for that particular program. Once accepted into the program it is a three year program where you send in papers regarding your status once a year. If you are still in the same situation, your loan is permanently forgiven. Good luck with your debt and your health.

[@johndanielson4481]

NO! THE HEARTLESS STUDENT LOAN CO will garnish ss checks! And ss will let them! AND IF YOU ARE FORTUNATE TO OWN A CAR..... YOU WILL BE LIVING OUT OF YOUR CAR. UNLESS YOU GET A JOB. BEEN THERE DONE THAT.

[@johndanielson4481]

😟...yes. That's them!

[@pauldamore92]

What about if u own a house?? Or car???

[@SeniorLivingOrg]

Our video addresses that: kzbin.info/www/bejne/a3ypY6ihptGjoc0

[@MsGemini321]

In UK debts are not owed to Debt collectors ..there is usually an added amount . Therefore it has nothibg to do with debt collectors ..you dont owe them anything at all ..as not the original debt .. Great video

[@bjoy1030]

I went to the website on many browsers it says site not available? Could you direct me please? Thank you

[@lindaengstrom893]

They took from my social security $144, financially it killed me. I'm living on food pantries. Eating foods not good for me.

[@HELPSNonprofitLawFirm]

If you mean "they" is the IRS or Student Loans Senior Living has two new videos on how a setoff of SS can be prevented or stopped. Eric HELPS

[@HELPSNonprofitLawFirm]

@@SSsmith24 Actually state tax collector cannot take your SS. IRS can do a set off of 15% after 60 day notice but many lower-income seniors can receive currently not collectible status and not be required to pay the IRS.

[@HELPSNonprofitLawFirm]

Who is "they?"

[@4freethinking]

If they sue you will you be forced to go to court to face a judge. Are they able to harass you by requiring you to repeatedly go to a hearing?

[@allenb4759]

You don't have to go to court. If they get a judgement they can't get blood out of a turnip. Just ignore their communications.

[@montanateri6889]

Doesn't matter. If your on a pension or SSD or SSI, then ignore the law suit. They'll send you a letter saying they now have "right' to attach your checking account. If you checking account ONLY has SS money incoming, the bank, by law, has to refuse the debt collectors request for payment. Keep in mind that that is only for pension money! Any extra money could be attached and taken -- including a cash deposit that you made. If your stimulus gets auto deposted -- take it OUT the same day. I've heard they can't take it, but I will not leave mine in the bank as if they take it "error' of the law, how do you fight it?

[@chantalsslippersondeedeesf4853]

@@allenb4759 One of my good friends had a credit card debt from 2007 not on SS,, SSI, SSDI, she didn't pay it, she was sent a judgment, never showed up, and just recently, she checked her Court Records and theirs a warrant, which means, if she ever gets stopped for a traffic violation, she will be arrested.. The warrant stays there and never goes away from what I was told unless she gets a Lawyer to remove it. I don't know the truth to this. Maybe Eric can answer this question. The last thing anyone needs is to not show up, have a warrant sitting there for years. You're thoughts,Eric?

[@allenb4759]

@@chantalsslippersondeedeesf4853 If she's got a warrant she's broken a law somewhere. Police don't arrest people for civil matters (like a judgement). Next you'll tell me we now have debtor's prisons and indentured servants..SMH

[@chantalsslippersondeedeesf4853]

@@allenb4759 Wrong, I saw the Court Records and it clearly says it.I didn't say the police are seeking to arrest her for no reason, what I said was, if she is stopped for a traffic violaton,then they can. They aren't just going to arrest her or anyone for no reason, and theirs NO breaking of the Law.If I could prove it to you I would, but, obviously, I cannot!You don't have to be so snarky with you're comments.Be kind. I was NOT rude to anyone with the comment I made

[@rickhoyte4611]

At WHAT AGE is one considered a "Senior Citizen"? Is it 55, 60, 65, what? Different companies say one thing, another will tell you another. What is the LEGAL age?

[@ericolsen2141]

Actually the law we are talking about apply to persons of any age receiving Social Security, retirement or other protected income Eric HELPS Nonprofit Law Firm

[@anthonyvaldez6872]

Wjhat about state (NM) claiming overpayment and wanting you to repay unemployment benefits

[@SeniorLivingOrg]

Contact the HELPS Nonprofit Law Firm, call 1-855-435-7787

[@thisbabyboomer]

If a senior 68 on social security has credit card debt that is 12 yrs. old, can the Credit Union that holds the debt keep the 2021 stimulus check from them?

[@ericolsen2141]

I am confused. Why would someone bank with a CU where they have a debt that is 12 years old? CU's normally terminate members who owe them money so this doesn't make any sense. Eric Olsen Executive Director HELPS Nonprofit Law Firm also you can read one of the recent responses regarding the stimulus in this string.

[@montanateri6889]

The stimulus can be taken by debt collectors. The way to protect that is if its automatically depostied, take it out of the bank the same day it hits. Do NOT leave it in the bank. I understand the prior stimulus had a protection on that, but not this new stimulus, they negelected to put that in the bill. Stop paying that credit card debt -- but do it after you have the stimulus in cash in your hand.

[@lauras9771]

@@montanateri6889 if I transfer it to a savings account is it safe?

[@omikredarhcs8221]

Are you in collections? Look up statute of limitations for credit card debt in your state.

[@lindaroman3560]

@@lauras9771 no!!! take it out Mine was confiscated and I had to go before a judge to get it back. ( this applies to SS income only)

[@ristinechapman9936]

Where can I get these Laws in legal forms.? Thanks

[@maemorgan5837]

18:14 18:15 great job breaking it down and you made this 65 year old broad from Arkansas feel better.

[@heavensentknits7284]

What about the debt collector reporting to the credit bureaus.

[@HELPSNonprofitLawFirm]

There are certain restrictions but it is legal

[@bonniej0]

They can just ride it by hand cease and desist and send it to them you don't need a fancy template

[@SeniorLivingOrg]

True. We are just trying to make the process easier.

[@bonniej0]

@@SeniorLivingOrg if I had a bankruptcy and they exempted $58,081 does that mean they're supposed to take that off of my home value every year when they figure out the taxes? Cuz they haven't been exempting that at all.

[@andreahughes6288]

Could you do a video on burial insurance for seniors as many of us worry about leaving our families with burial expenses which are not cheap. I've taken out a burial insurance policy and I'm wondering if that was a good idea or not, I dont want to leave my only child, which is my daughter and her husband with my burial expenses. I found an excellent policy for $39.00 a month.

[@ericolsen2141]

Good idea. HELPS has information on this topic with options persons overlook. It might be down the road a bit but you are right this would be an extremely helpful topic for seniors and I will suggest a video on this to Jeff Eric Olsen Executive Director HELPS Nonprofit Law Firm.

[@chantalsslippersondeedeesf4853]

@Andrea Hughes, do they base the amount you pay on you're age?

[@ellejulianne2815]

@Andrea Hughes... you brought up an interesting topic madame. I would be interested to see a reasonable answer to this inquiry.

[@omikredarhcs8221]

@@ellejulianne2815 Neptune Society, I'm gonna get cremated, no need to waste money on funereal expenses.

[@Jimfromearthoo7]

@@omikredarhcs8221 does cremation hurt?

[@bonniej0]

I'm only 9,500 behind and that's why they're kicking me out of my house they only owe 92 all together without their charges and I don't believe their charges are real they're saying I - $4,000 for for you know the the act not the equity the escrow payments which there's no way possible I'm behind that much it's just crazy

[@AngelaSmith-sx1dw]

What about personal things maybe antiques that was giving to you. What about collections etc can they get what they want to settle debt owed. ???

[@HELPSNonprofitLawFirm]

It is not the practice of consumer judgment creditors to go after a person's personal property. It just doesn't happen for a lot of reasons. Eric HELPS

[@scottdavis687]

Wonder if a senior joined a debt relief program? Should they get out of it since the income is protected?

[@HELPSNonprofitLawFirm]

'With few exceptions, debt relief programs will not tell a senior that their income is protected and their services aren't necessary. Instead many seniors are put in utter poverty making a payment to a debt management or settlement company they don't need to make. Eric HELPS Nonprofit Law Firm

[@chantalsslippersondeedeesf4853]

@Scott Davis, I initially started that route over a year ago. The Company wanted 600.00 a month, their was no way I could afford this so I just said thank you and hung up. About 15 mins later, the first guy I talked to explained my situation to his Manager, is when I got the call back from the Manager who gave me Helps to call.. Like Eric says, NO they will not tell you this! I guess I was blessed to have been given Helps to call! I have been a client for almost a year and a half!

[@ericolsen2141]

@@chantalsslippersondeedeesf4853 Wow that was nice to hear. Eric HELPS

[@chantalsslippersondeedeesf4853]

@@ericolsen2141 YES, because I would of NEVER known y'all existed! I am great full I was referred to Helps!

[@gettingthewordoutujudge3675]

The irs can they garnish social security check

[@danluzurriaga6035]

"It's protected", you can't get it, right? ANS: Yes and no. LOL

[@aniea5664]

Everything he says they can't do they do. What I did is send them a cease and desist letter. They stopped bothering me. I didn't pay any debt collections. Let it drop off of your credit report. You can dispute all collections too. I don't answer any phone call I don't know.

[@ericolsen2141]

I think this is exactly what i said can be done. :)

[@chantalsslippersondeedeesf4853]

@Anie A Exactly.. As soon as I joined Helps the cease and desist letter was sent to the creditors and all the calls stopped, but now they are beginning to file the judgments. I will put it in Helps hands. I'm refuse to get sick over it. I don't answer any calls that are NOT in my contacts. They come in as "silent" and goes right to my voice mail, but of course debt collectors never leave a message!!

[@missycalhoun6319]

Has anything happened over the court cases? ​@@chantalsslippersondeedeesf4853

[@ellejulianne2815]

Please advise on how to become a member of this HELPS organization. Thank you.

[@chantalsslippersondeedeesf4853]

Just goggle Helps..

[@hoosierbaddy3052]

Most credit card companies do not have the staff or business model to engage in a long term credit card collection process. That’s why those debts are turned over to collection companies. They’ve already written off the debt. A debt collection agency receives between 25-50% of the debt amount. Credit card debt doesn’t go away after 7 years either. Declaring bankruptcy could be prudent for large debts. The student loans cannot be dismissed. Don’t feel bad about owing credit card companies. They make tons more money than they lose. But, it is a personal responsibility to pay your debts. The interest rate makes it near impossible to pay off the principle. I block phone numbers that are apparently looking to get paid. Toss collection agency letters into the recycle bin.

[@newyorkhardcore3353]

But if you have direct deposit then the income isn’t protected after it reaches a bank

[@HELPSNonprofitLawFirm]

Actually not true but you are not alone not knowing this law. Federal rules in effect since 2012 protect twice the amount of SS or other federal benefits deposited in a bank account regardless of the actual source of funds in the account at the time of garnishment. Even bank managers don't understand this rule. However the department in the bank that handles garnishment know this rule. I would bet 999 out of a 1000 attorneys don't konw this rule. This is explained in detail in other Senior Living videos with HELPS Eric HELPS

[@newyorkhardcore3353]

@@HELPSNonprofitLawFirm after watching more videos I saw that

[@sharonhale1947]

Is it again the law to sell someone's information

[@lindawelch1724]

GM I have a question. What is the proper way to get these broadband AT&T from charging me way to much money. I left the AT&T service for Exfinty and AT&T charge me saying I had a bill. I know I didn't have a bill. What can I do? The time that they say I owe is wrong because I change to Exfinity. They sent no bill they just sent my name to collections. Is there something I could do? AT&T just picked a number. Please help me if you can.

[@SeniorLivingOrg]

Contact the HELPS Nonprofit Law Firm, call 1-855-435-7787

[@elizabethcantu9128]

They did motion judgment debtor

[@kachoo2135]

Those debt collectors will do anything to drive you crazy

[@alfordlewis1362]

Do l have to answer subpoena civil superior court for credit card ?

[@SeniorLivingOrg]

Contact the HELPS Nonprofit Law Firm, call 1-855-435-7787

[@bethang4452]

I am represented by Lpg law group . & sign a stipulation to pay my debt from a collector agency , but still I cannot pay for hardship reason. Can they continue to go on wd the case ? I am 67 yrs. On 254 ss security from my husband .

[@jmagnum69]

but what if the senior has assets? Such as a home that can be used to pay the debt?

[@SeniorLivingOrg]

Contact the HELPS Nonprofit Law Firm, call 1-855-435-7787 or visit helpsishere.org

[@Jane-gx3zw]

Does this apply to student loans or parent plus loans

[@ericolsen2141]

Senior Living has a new video on student loans that answers these questions Eric HELPS

[@omikredarhcs8221]

Most states have a program on how to pay off student loans, you must first qualify to get into that program, and have a degree that qualify's

[@robertrodriguez6015]

Question??? What should i do If I'm on ssdi and get served by a sheriff to spear in court for a part medical bill...

[@HELPSNonprofitLawFirm]

listen to this kzbin.info/www/bejne/Z5q6dZh3rs9-q6M

[@krissymoore9452]

I am 52 and disabled on SSI can my bank account be garnished should I close my account and wait for a paper check the collection ppl have my bank information

[@chantalsslippersondeedeesf4853]

Only if theirs a Judgment against you. They can't just garnish it without a Writ of Judgment. Maybe Eric will answer you're question to reassure you.

[@ericolsen2141]

Senior Living has another video called Why Seniors Shouldn't Worry about Old Debts that you can view. The same rules discussed there apply to persons on disability., Twice the amount of monthly SSI deposited into your bank account is protected automatically from garnishment by federal banking rules. If you happened to have more it is also protected just not automatically. So no you don't need to close your account. You can visit HELPS website for more information at www.helpsihere.org. You will be fine.

[@montanateri6889]

its not just seniors, anyone on SSI or SSD is protected. But you must have it deposited monthly by SS into your bank. If you get a check, cash it, and then deposit it, you've no longer got verification that is SS money and the debtors could take it. (then you'd have to fight to get it back). Your bank won't let it be taken when its SS money that is auto deposited from SS.

[@OJCHIMPSON]

SSI can't be garnished for anything. Not even child support.

[@Jimfromearthoo7]

If you are collecting SS and VA disability and it all goes to one account in bank. Is their a certain amount that’s considered untouchable? In others is it 2 or 3 times your monthly income? Other wise if your balance more than 2 or 3 times monthly income amount the balance can be garnished. Is that true?

[@HELPSNonprofitLawFirm]

Twice the monthly amount of federal benefits is protected automatically by federal banking rules regardless of the actual source of funds in the account at the time of garnishment. However the balance of federal funds in excess is still protected just not automatically - one would have to file a challenge to garnishment or claim of exemption showing the source of funds in the account so that excess would be released. Eric HELPS

[@Jimfromearthoo7]

@@HELPSNonprofitLawFirm thank you got it!

[@finhunter]

kzbin.info/www/bejne/mGi7mGiFZcl9d7s

[@Soccox]

Another question: can a debt collector start garnishing a checking account if the account has 2 times the amount of a social security payment? Ex: if I’m getting $2000 a month from social security, and if I have $4000 in a checking account, it sounds to me he’s saying this could be garnished

[@HELPSNonprofitLawFirm]

Twice the amount is protected. So $4000 in your example is safe. Listen to the video again. Eric HELPS

[@katherinemyles9427]

Can they take checks for covid-19 relief

[@bentnickel7487]

Cash the check or draw the money out of your bank and hold the cash at your home or buy a money order and hold on to it.

[@ericolsen2141]

Senior Living has a new video explaining how the stimulus is protected Eric HELPS

[@starr6465]

Can they cone after a Seniors Home ???

[@HELPSNonprofitLawFirm]

Here is a link to a video from Senior LIving with HELPS that answers this question: kzbin.info/www/bejne/a3ypY6ihptGjoc0

[@collectmorewithpartners]

Most debt collection agencies don't typically sue seniors, Military, Native Americans, or disabled people. You are correct, they have special protections. It's like any other business, cost/benefit and a little something extra; risks. They will attempt to collect but suit rarely happens. Most seniors, Military, Native Americans, and disabled people can or want to pay their debts so debt collection agencies will attempt to find a solution that works for them.

[@HELPSNonprofitLawFirm]

Please tell me you are not serious? Eric Olsen HELPS

[@lernen.ohne.angst.official2737]

@@HELPSNonprofitLawFirm They are correct. The guy in the video basically says the same thing. I've been in the debt recovery industry since 1985. Debt Collection agencies will ask but they don't usually sue the people he listed. If they do sue, they will rarely get a dime. So, I think they ARE serious. 😅

[@HELPSNonprofitLawFirm]

@@lernen.ohne.angst.official2737 HELPS assists tens of thousands of seniors nationwide. Many get sued. At least 10-15% or more are sued for an old debt. I am the "guy" in the video. It is true that most don't get sued. But I would never say that is is rare. Eric HELPS

[@terryabate9231]

What about people on SSDI

[@HELPSNonprofitLawFirm]

All forms of Social Security are protected Eric HELPS

[@franktrevino7442]

It would be a great help if you would post the web site and number for those with hearing or eye problems thank you

[@SeniorLivingOrg]

Thank you for the advice! We will take that into consideration.

[@pattiesansone7451]

If I'm protected how does SS take my money ??

[@ericolsen2141]

Senior Living has two videos on set off of 15% of SS for taxes and student loans and how it can be prevented or stopped. Eric HELPS

[@changelesschange4843]

Where can I find a list of my senior rights? You mentioned seniors have rights - where??? I want to simply stop paying. What do you say about that? Or, should I do something else

[@HELPSNonprofitLawFirm]

HELPS website has more comprehensive information that you may be looking for Search HELPS Nonprofit Law firm Eric HELPS

[@michaeljumper1823]

I'm 62 and on the disability. Can a collector get my stimulus?

[@montanateri6889]

I wouldn't take the chance. If it hits by direct deposit, take it out of the bank. I'm going to take mine out (I'm on SSD also).

[@carlcaudell9666]

Bank will Rejected it. When they look at you and where your income comes from. If you have more than 3 month then they can get some. Already went thru this with medical Bills

[@johntracy72]

Wages cannot be garnished for consumer debt in Texas. Only child support, defaulted student loans and back taxes can be garnished in Texas. That credit card or title loan can't be.

[@SeniorLivingOrg]

Thanks for sharing with the channel.

[@nancyharris9360]

If your a senior and you owe debt and don't pay will they turn it in on your credit report?

[@HELPSNonprofitLawFirm]

There are three major credit bureaus. Not all unpaid debts are turned over to credit bureau. Senior Living has a video with HELPS on Senior Living's KZbin page discussing credit and seniors that answers a lot of these questions. Eric HELPS

[@nancyharris9360]

@@HELPSNonprofitLawFirm thanks

[@lrherrel]

What if a debt reaches the 7th year. the Debt is then sold to another company for collection. If that happens, do they get another 7 years??

[@SeniorLivingOrg]

Contact the HELPS Nonprofit Law Firm, call 1-855-435-7787

[@HELPSNonprofitLawFirm]

I think you are talking about a statute of limitations. SOL That is a defense to a lawsuit and the length of the SOL depends on the state. And yes it can be revived by making a payment but not selling to a new debt collector. However, the SOL is a defense which means it has to be asserted if someone is sued. It is not automatic. Eric HELPS

[@foggybrain7431]

Im 59 years old and am on SSD . Couldn't pay a creditor because i couldnt work and have been turned into a collection agency. Is my income still protected or can they sue me because im not 65 years or older ?

[@SeniorLivingOrg]

Contact the HELPS Nonprofit Law Firm, call 1-855-435-7787

[@HELPSNonprofitLawFirm]

You could be sued but a judgment creditor could not touch your SS. Age doesnt' prevent a lawsuit but certain income like SS and pensions are protected by law. Lawmakers want this money available to seniors and disabled persons for their needs. The video explains this and there are means to be protected from collector harassment. There are other videos with HELPS and Senior Living that discuss why a lawsuit would be meaningless if your income is SS. I am sure you will be fine if you don't pay this debt. Eric HELPS Nonprofit Law Firm

[@danjams]

is a seniors retirement accounts protected from creditors?

[@SeniorLivingOrg]

Contact the HELPS Nonprofit Law Firm, call 1-855-435-7787

[@HELPSNonprofitLawFirm]

Social Security is protected from collectors and almost all pensions are protected under ERISA, a federal law. Eric HELPS

[@geraldinehejduk282]

What about student loan's

[@SeniorLivingOrg]

Contact the HELPS Nonprofit Law Firm, call 1-855-435-7787 or visit helpsishere.org

[@HELPSNonprofitLawFirm]

Senior Living has a video on this topic with HELPS kzbin.info/www/bejne/hnaXkmqllt2WZ6c

[@bonniej0]

3 months as long as you can go as far as the mortgages go because their insurance company pays them off in 3 months That's why they make you 3 months to get a to get any help from half to I mean hug I had a half grant in Massachusetts I had a half grant up to 50 grand and the one who handled the half grant talked to my bank without me present or without me on the line and settled and they only paid 3 months of mortgage and I had a second mortgage of 10,600 well it was a deferment they were supposed to pay that too and they only paid $300 like 7,000 3 months of mortgage and I was still going on forbearance I couldn't still make it back I was very ill and they that's all they did in a $300 water bill I'm like where's my other $43,000 you know I was approved up to 50,000 to you know repair some things out around the house in the house and everything and they still practically just stole my grant for me and the mortgage company didn't even tell them that there was the 10,006 on the back even though they saw it themselves and they had a copy they should know I don't know where to go about this cuz I've been trying to go to the authorities the government I can't reach anybody I mean it's a government half grant right but it goes through the states so it must be somebody in the state I can call I know the girls first name that deal with it and I know the phone number I was calling that's about it now I'm trying to get the homeowner 7000 because I they want to put date but they offered to put the deferral on the in with the modification so they can raise my rent and get interest on it so because they offered me something that the $7,000 didn't go through and they said if you owe more than $7,000 we can't give it to you so if I owe $9,000 they won't give me the $7,000 to help me this is hard I'm talking about can you believe it so I filed a bankruptcy in 2017 a chapter 7 and I did not want my mortgage on it I paid I was never late on my warriors I always paid it on time all through the bankruptcy and all the way up until 2020 in September when I went on forbearance and that's and I didn't come back till 2023 I was very sick I went on to forbearance's and I got off for a couple months and I went back on and then the half program paid for a few months so I don't know what to do because I really seriously got ripped off and now they want to charge me interest on the on the deferral I got on my first forbearance and I don't even know that much my house is worth 250 grand more than what I owe they won't let me use the

[@kathyosberg4807]

Im on Disability now this third stimulus check is coming, can the debt collection take that. I'm 63yrs old my husband is retired

[@chantalsslippersondeedeesf4853]

Only if theirs a judgement against you according to Eric..I would go right to the bank as soon as you see it direct deposited and take it out I am a client of helps and I asked this same question when I called and spoke to one of the Attorney's yesterday and was told, only if they have a judgement.I hope this is true because my stimulus was DD this morning. I' have used a lot of it though to pay all my bills for the month of April!

[@kathyosberg4807]

@@chantalsslippersondeedeesf4853 thank you for the information

[@omikredarhcs8221]

@@chantalsslippersondeedeesf4853 At some point the debt collector went to court , you should have been notified about that.?

[@chantalsslippersondeedeesf4853]

@@omikredarhcs8221 They will serve the judgment is how you are notified

[@omikredarhcs8221]

@@chantalsslippersondeedeesf4853 They need to notify you that they are filing a judgement against you in court.

[@markllansaw6785]

if i am in a over draft by my bank do i have any rights

[@HELPSNonprofitLawFirm]

I believe senior living has a video with HELPS here on bank overdraft fees Eric HELPS

[@danluzurriaga6035]

"Bitcoin? I havent't heard that happening". "But it does happen". LOL

[@richricogranada9647]

The car is the only asset. Can the creditors take widow’s car away?

[@dawnmiller9630]

a debt collector put a lien against my dead fathers v.a. account and it had to be paid before the account could be unfrozen.

[@SeniorLivingOrg]

Sorry to hear you went through that experiance.

[@HELPSNonprofitLawFirm]

Not enough information to provide an answer. You are free to call HELPS 855 435 7787