Today’s question is, Is it possible to file bankruptcy with SSI? This person elaborates by writing “I am living solely on my SSI. I don’t know what to do. I feel like suicide is my only option because you can’t get money from a dead person.”
I’m hoping this person still has her sense of humor and isn’t really thinking about suicide. This type of question, “can I file bankruptcy if…..” comes up a lot. The answer is almost universally “YES, you can file.” For this person who is living on SSI, bankruptcy is a clear option. The SSI is exempt from creditors’ claims and doesn’t count in the calculation of Current Monthly Income (“CMI”) under the Means Test.
If you’ve reached the end of your rope financially, give us a call. We can help.