One of the most common things that people who are filing bankruptcy want to know is how they are going to be impacted by the filing. If your credit score is already poor, the bankruptcy filing will probably improve your score. Creditors will know you filed bankruptcy, but you won't have any debts.
Social Security Disability (SSD) is a program that is meant to help injured workers support themselves if they are injured or ill and unable to return to work. This doesn't mean that they will get these benefits quickly. In fact, many people have to fight hard to get the benefits that they should receive. This can be difficult because they might not have sufficient or even any income at all during the process.
Your financial status can impact every decision you make in other areas of your life. When you know that you owe creditors money, you probably want to do all that you can to pay those debts off. This could mean that you are unable to enjoy your life in the way you want, which can lead to unhappiness.
Declaring bankruptcy may sound scary, but it can be the right decision in certain circumstances. If your finances are spiraling out of control, bankruptcy may give you peace of mind and save you money.
The future of Social Security Administration (SSA) programs is something that has made the news a lot lately. There is a new bill that is before Congress that might enable some individuals to breathe a sigh of relief. The Social Security 2100 Act has more than 200 original co-sponsors, which highlights how important it is to the future of the programs.