{"id":950,"date":"2023-12-20T15:00:39","date_gmt":"2023-12-20T15:00:39","guid":{"rendered":"https:\/\/kellybankruptcy.com\/?post_type=podcast&#038;p=950"},"modified":"2024-03-19T16:13:16","modified_gmt":"2024-03-19T16:13:16","slug":"should-a-person-on-social-security-file-bankruptcy","status":"publish","type":"podcast","link":"https:\/\/kellybankruptcy.com\/podcast\/should-a-person-on-social-security-file-bankruptcy\/","title":{"rendered":"Should a Person on Social Security File Bankruptcy?"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"Should a Person on Social Security File Bankruptcy?\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/1hkGs3ny8_4?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<div style=\"width: 100%; height: 200px; margin-bottom: 20px; border-radius: 6px; overflow: hidden;\"><iframe style=\"width: 100%; height: 200px;\" src=\"https:\/\/player.captivate.fm\/episode\/a5dca5d3-7e8b-47b3-bdae-789dc4877f7f\" frameborder=\"no\" scrolling=\"no\" seamless=\"\"><\/iframe><\/div>\n<p><span class=\"s1\">In this compelling episode of the Bankruptcy Podcast, host Jeff Kelly addresses a critical question many face: Should a person on social security consider filing for bankruptcy? This discussion is particularly vital for those managing their finances on a fixed income. Jeff explores the nuances of bankruptcy laws, focusing on how they apply to individuals dependent on social security. He examines the protections offered to social security income, the potential impacts of filing Chapter 7 and Chapter 13 bankruptcy, and the various scenarios where bankruptcy might do more harm than good.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Additionally, Jeff delves into specific cases where filing for bankruptcy could be advantageous, especially for homeowners with considerable equity in their property. He warns of the risks involved in undisclosed assets during bankruptcy proceedings and highlights the importance of understanding one&#8217;s financial situation in depth. The episode is not just a legal guide but also a source of reassurance for those feeling overwhelmed by their financial dilemmas. For more personalized advice, Jeff Kelly&#8217;s contact information is provided for further assistance.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">For additional insights and to explore more topics covered in the show, visit Jeff Kelly&#8217;s profiles and the full episode link provided in the notes.<\/span><\/p>\n<p class=\"p3\"><span class=\"s1\"><b>Other subjects we covered on the show:<\/b><\/span><\/p>\n<ul class=\"ul1\">\n<li class=\"li4\"><span class=\"s1\">The protected status of social security income and its immunity to creditors.<\/span><\/li>\n<li class=\"li4\"><span class=\"s1\">The implications of filing Chapter 7 and Chapter 13 bankruptcy for individuals relying solely on social security.<\/span><\/li>\n<li class=\"li4\"><span class=\"s1\">Real-life scenarios where bankruptcy could be more of a hindrance than a help.<\/span><\/li>\n<li class=\"li4\"><span class=\"s1\">The potential risks of undisclosed assets in bankruptcy filings.<\/span><\/li>\n<li class=\"li4\"><span class=\"s1\">Situations where Chapter 13 could be beneficial, especially for homeowners.<\/span><\/li>\n<li class=\"li3\"><span class=\"s1\">Contact details for further personalized advice from Jeff Kelly.<\/span><\/li>\n<\/ul>\n<p><b>AND MORE TOPICS COVERED IN THE FULL INTERVIEW!!!<\/b><span style=\"font-weight: 400;\"> Check that out and subscribe to <a href=\"https:\/\/www.youtube.com\/@kellycanhelp\">YouTube<\/a><\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p class=\"p3\"><span class=\"s1\">For more about <b>Jeff Kelly and The Georgia Bankruptcy Podcast<\/b>, visit:<\/span><\/p>\n<ul class=\"ul1\">\n<li class=\"li5\"><span class=\"s1\">Website: <a href=\"https:\/\/kellycanhelp.com\/about-us\/our-team\/jeffrey-b-kelly\/\">https:\/\/kellycanhelp.com\/about-us\/our-team\/jeffrey-b-kelly\/<\/a><\/span><\/li>\n<li class=\"li6\">LinkedIn: <a href=\"https:\/\/www.linkedin.com\/in\/jeff-kelly-9a328624\">https:\/\/www.linkedin.com\/in\/jeff-kelly-9a328624<\/a><\/li>\n<li class=\"li6\">Business Site: <a href=\"https:\/\/law-office-of-jeffrey-b-kelly-pc.business.site\/\">https:\/\/law-office-of-jeffrey-b-kelly-pc.business.site\/<\/a><\/li>\n<li class=\"li6\">Website: <a href=\"https:\/\/kellybankruptcy.com\/\">https:\/\/kellybankruptcy.com\/<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Navigating the complexities of bankruptcy on social security? Join Jeff Kelly in this episode of the Bankruptcy Podcast as he explores if it&#8217;s wise for those on social security to file for bankruptcy. Unravel the legal intricacies and understand when it&#8217;s beneficial and when it&#8217;s not. This episode is packed with crucial insights and guidance for anyone considering this significant financial step. Tune in for expert advice to make an informed decision about your financial future.<\/p>\n","protected":false},"author":9,"featured_media":951,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"sync_status":"none","episode_type":"audio","audio_file":"","castos_file_data":"","podmotor_file_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":""},"tags":[],"series":[21],"blocksy_meta":[],"episode_featured_image":"https:\/\/kellybankruptcy.com\/wp-content\/uploads\/2023\/12\/GBP-Thumbnail-10-1.png","episode_player_image":"https:\/\/kellybankruptcy.com\/wp-content\/plugins\/seriously-simple-podcasting\/assets\/images\/no-album-art.png","download_link":"","player_link":"","audio_player":false,"episode_data":{"playerMode":"dark","subscribeUrls":{"apple_podcasts":{"key":"apple_podcasts","url":"","label":"Apple Podcasts","class":"apple_podcasts","icon":"apple-podcasts.png"},"stitcher":{"key":"stitcher","url":"","label":"Stitcher","class":"stitcher","icon":"stitcher.png"},"google_podcasts":{"key":"google_podcasts","url":"","label":"Google Podcasts","class":"google_podcasts","icon":"google-podcasts.png"},"spotify":{"key":"spotify","url":"","label":"Spotify","class":"spotify","icon":"spotify.png"}},"rssFeedUrl":"https:\/\/kellybankruptcy.com\/feed\/podcast\/kelly-bankruptcy","embedCode":"<blockquote class=\"wp-embedded-content\" data-secret=\"i1tvNlKgZr\"><a href=\"https:\/\/kellybankruptcy.com\/podcast\/should-a-person-on-social-security-file-bankruptcy\/\">Should a Person on Social Security File Bankruptcy?<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/kellybankruptcy.com\/podcast\/should-a-person-on-social-security-file-bankruptcy\/embed\/#?secret=i1tvNlKgZr\" width=\"500\" height=\"350\" title=\"&#8220;Should a Person on Social Security File Bankruptcy?&#8221; &#8212; Kelly Bankruptcy\" data-secret=\"i1tvNlKgZr\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! 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