Ohio  |  Bankruptcy

Legal Question

Asked on: 1/17/10, 9:40 am

I am considering taking early retirement at 62. In order to do this, I will have to file a Chapter 7 bankruptcy to get rid of my debt. I currently own a home, however, I am "underwater" in equity. My question is: can my creditors go after my monthly Social Security income? This will be my only source of income. I have no 401K and a very minimal amount in savings ($3-4,000).

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