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  1. jody miller says:

    This is a awesome site to help people with their disability money . Sometimes creditors love to threaten to take away the only money they have to get them to pay. It kind of sucks actually but it is awesome that you are trying to ease their mind. I think that is great.

    1. Stephan Zev says:

      Yes, there are ways to get out of this situation, thanks for commenting.

  2. HI Stephan,
    You offered some really beneficial tips to people, suffering from disabilities and who unfortunately have high credit card debt. I did not know that figure you mentioned, over $5,000 on average owned by U.S. citizens – and as you stated higher for people with disabilities.

    It is great in a way that once a person dies his/her credit card debt cannot be transferred to another person, as you mentioned in this article. I don’t believe that this holds the same for people without disabilities and who die. My mom who passed away in 2012, (not disabled) had a minor debt owned on her cards which because she had a lot of money saved as part of her will my sister acting as the executor of her estate simply paid it off.

    It really is a shame that the U.S. govt. can’t somehow provide more financially for people who have disabilities, particularly if they are unable to work. But our elected govt. officials have other irons in the fire traditionally enacting other costly programs that best serve only a minority of the population. And don’t get me started on how the wealthiest people in the U.S. statistically pay the least amount proportionately in federal and state taxes compared to the middle and low class individuals

    Your site offers some very practical advice for disabled people Stephan I applaud you for spending so much time on it, sir.

    Jeff

    1. Stephan Zev says:

      Thanks for commenting Jeff! Yes, a lot of disabled individuals are struggling financially, think about the veterans for example! I’m glad my blog is of help to you.

  3. lifebeginswithyourhealth says:

    Credit cards deserve to lose money from disabled people, they know their income when they issue them a credit card yet the keep increasing their credit limits almost seducing them to go even deeper in debt.

    Disabled people are not earning enough to live today, what does the credit card companies expect them to do if you need food they must use their cards if they do not have the funds.

    1. Stephan Zev says:

      Yes I agree Jeff, although it’s always possible that a credit card is issued before becoming disabled. Nevertheless, it’s a crappy situation.

      1. You are so right! Most of our credit cards were active way before my disability.; others a mix from my husband’s disability. I use to pay most of the accounts, all medical, insurance and other. Now my cancer, Fibro, back & other from an accident has me disabled. I am struggling to pay my accounts, the mortgage, joint accounts, & high medical. 2 companies, Sears & Citi-Bank put him in their “specialty hardship program” & now they send the companies elsewhere for collections after a year & a half. We cannot make up or begin to pay these accounts. My husband is insulin dependent, & I have chronic pain. Very high medical that doesn’t cover our ssd checks. We hold over, & I get a pension to barely make our living. We’re over the wage limit so no help. Please help suggestions???

  4. Debt and disability is an important topic and I am glad I read this post. Credit cards can so easily lead us down a path of financial insanity that I wish as consumers we were more educated in what they can do do us. I always think of the saying “live within your means” when the subject of credit cards comes up. My experience with bankruptcy was very different than the caution expressed here. Knowing I was applying for SSDI soon, and that I had a bunch of credit card debt that I would not be able to pay, I filed Chapter 7. It was a fast process, from start to finish 3 months, and the cost of the attorney and filing fees was very reasonable considering all the relief that I obtained. I only had to appear in court once. Today I can honestly say that I wish I had not waited so long to file.

    1. Stephan Zev says:

      Hi Erin, consider yourself lucky that your bankruptcy went so smoothly! I hope you’re able to regain some financial security now that you’ve been awarded SSDI!

  5. I found your site very easy to navigate and your info on credit card debt and disability very eye opening. You make sense of topics that can seem a bit daunting for someone who has not thought of the specifics of certain aspects of debt from a point of view of having a disability. Credit card debt is something that so many of us battle even without the added variable of a disability. The info you presented is very good to know. Thanks!

    1. Stephan Zev says:

      Thank you Robert

  6. I so appreciate the thoroughness of your article, Stephan. Although I am not currently receiving disability, I did apply. I don’t think it ever would have occurred to me to have a separate checking account, just for disability payments. I did, however, apply for credit card hardships, so that is definitely a relief.

    Applying for disability is quite an extensive process, it seems one would need a lawyer just to navigate through the process. Thank you for your insight, Stephan.

    1. Stephan Zev says:

      You’re welcome Veronica 🙂

  7. Hello,

    Can a credit card company (Synchrony) lower your credit limit if you report Disability? Recently my mother did and wanted to pay the card off to not have debt and use what matter especially since its a care credit card for health. They are using the excuse of credit worthiness yet the credit and income is far better than when we originally applied and have never missed a payment even paying weekly at one point. Thank you for your time.

    1. Hi Jenn, I’m afraid I don’t know the answer to that question. That said, I did find a comment on this post, which may be of help. Best of luck…

  8. My Mom has been on disability for over 10 years and is not able to take care of her own money so she has a payee. Part of her disability makes her do rash decisions and in doing so she applied for a bunch of credit cards and wasn’t truthful on the amount of money she makes. She has no racked up over $10,000 in credit card debt. There’s no way she can pay it off so should she file for bankruptcy or just let it go to collections. She is on government housing and has no assets.

    1. Difficult to say. I suggest discussing this over with a bankruptcy attorney John. There are plenty out there who are willing to give a free consultation.

    2. Bill Cetta says:

      My mother in law has this same problem. I had to go to a legal aide office and find a pro bono lawyer. The lawyer has been tied up in court and hasn’t been able to comment so she just keeps accruing debt. Are there people who manage money for low income / disabled people?

  9. Stressed out says:

    I was working and became disabled in 2010 was unable to do the job anymore. I fought social security for 7yrs. I finally was approved for disability payments in 2017. I got disability insurance on my credit card before I was disabled. When I put in a claim to them, they only paid off the yr I became disabled and said they were closing the case. I’m still paying on the insurance? This doesn’t sound legal to me.

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