Many of our readers in Tennessee have heard the phrase "Ask and you shall receive," but that doesn't necessarily apply when it comes to filing for bankruptcy. Under the requirements of Chapter 7 bankruptcy - also known as a liquidation bankruptcy - a potential filer must pass a "means test." So, what do our readers need to know about the means test when they are contemplating the pros and cons of filing for bankruptcy?
SSDI - Top 3 Reasons Why Your SSID Application Was Denied
In the unfortunate scenario where you are disabled and unable to work, you may be entitled to monthly benefits under Social Security Disability Insurance (SSDI). A common question we hear is "Why should I hire an attorney if I can file for SSDI on my own?" First and foremost, applying for SSDI is a lengthy and complicated process that ultimately results in only about 37% of applicants being approved for benefits. Secondly, if you are not one of the lucky 37% approved and your application is denied, an experienced attorney can help you quickly and efficiently appeal the decision, increasing your chances of being approved. However, even if you hire an attorney, there are three things that will guarantee your claim is denied.
Avoiding Costly Mistakes with Your Social Security Benefits
Knowing when to file for your Social Security benefits isn't always easy for some people to decipher. The Social Security program has many rules that can cost people a lot of money if they make a mistake. It is best to research and understand your options prior to doing anything to prevent costly mistakes. Here is more from a Forbes affiliate: