Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Paying Your Bills
Profile Image

Question By
RSD3168

0 Contributions
0 People Helped
can the collection company come after you if your only income is social security disability

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-3 of 3Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
5038 Contributions
1136 People Helped

In response to the original poster, be extremely careful heeding to the advice given above about contacting the collections company to set up payment arrangements. If you do this and then fail to make a payment to them or are late with a payment with them it can restart the clock on the statute of limitations for you to be sued and also for the length of time they can report the derogatory information on your credit report. As mentioned above, they cannot garnish your SSI. I would do some serious reading on debt collectors and your rights and how to deal with debt collectors before you proceed any further with anything. Educate yourself well so you do not make any costly mistakes. I would advise you not to contact them at all until you are thoroughly educated about dealing with debt collectors.

Top Contributor
7368 Contributions
3809 People Helped

They can make calls until after they receive a letter from you advising them that, as permitted by the FDCPA, you are demanding that all communications from date they receive the letter onward shall be via U.S. Mail ONLY!   Actually, if you have 'caller ID' I recommend not even answering any phone numbers you do not recognize.

Disability compensation cannot be taken to satisfy debts.  I do recomment not using any credit that you cannot easily pay in full every month due to the limited income.  You might notify the companies you owe mo[ney- to that you are on disability and, if you can make any payments to satisfy the debt, request that they freeze the interest and suspend penalties so that you CAN get the debt paid.  They just might do so.

Top Contributor
179 Contributions
334 People Helped

Seriously!?

Helpful to 1 out of 3 people

Can you ask for a loan if your only income is social security disability?  Stop thinking just because you have a disability you deserve a free ticket to your obligations.  If you are granted credit, you are obligated to pay it back.  Your credit reports is a history of those finacial agreements and will most likely affect your credit directly.

Top Contributor
5038 Contributions
1136 People Helped
Helpful to 1 out of 1 people

This is directed to NunnyaBusines: I believe people on this forum are here for helpful advice and answers to their questions, they are not asking questions in order to be judged or looked down upon by members of this forum. I want you to consider the following (now of course I am only jumping to conclusions here, like you were when you said the original poster was thinking they deserve a free ticket to their obligations).

If a person is on Social Security Disability this indicates that they are disabled and something terrible happened to them. Consider this: maybe they used to make good money and always took care of their obligations as a responsible person would do, possibly though they made some errors of not getting insurance on some of their loans to protect them in the event something would happen. Now consider this: If they fell ill or got injured they may have went without income for a very very long time before getting Social Security Disability. I have read many stories of people having extreme financial distress on top of being severely sick or injured while waiting on the extremely slow process of acquiring Disability. I urge you to remember in the future to think before you judge others, you have no idea what they are going through or what they have been through and just because you can only see things happening one way, there are most likely things unknown to you that could be at play. I also want to point out that due to the very low benefits of Social Security Disability it is most likely that anyone on it is living in poverty with barely enough money to have the basics needed to survive.

Reply by
Keeks1974

3 Contributions
2 People Helped

SOUNDS LIKE A REPUBLICAN SPEECH. HEY TRUMP! Weirdo. 

Reply by
Keeks1974

3 Contributions
2 People Helped

Of course that was directed at 'nunnya'

Thanks for the lecture - I'm a disabled veteran that served my country in the USAF. Does that make you feel any better?! 

Results 1-3 of 3Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.