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Can I Keep Social Security Benefits in Chapter 7 Bankruptcy?

You can keep your social security benefits if you file for Chapter 7 bankruptcy, regardless of where you live. This is because social security benefits are exempt property, which means they are protected in bankruptcy. It is a good idea to maintain your benefits in a separate account, however, because once commingled with other money, it may be difficult to prove that the funds come from social security benefits rather than another source…Read More

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