Will the Fact that You Own Rental Property Negatively Impact the Amount of Your Social Security Disability Payments?
Q: Why are applications for social security disability benefits so frequently denied?
A: The main reason most applications are denied is due to insufficient medical data. Some people assume certain injuries speak for themselves, but thorough medical proof is needed for all claims. In some cases, the treating physician did not provide enough information to show how the condition negatively impacts the work capacity of the claimant. A social security disability application must demonstrate that the applicant is no longer able to perform any type of employment he previously engaged in and any similar employment for which he may be eligible. The claim examiner for your case will not be able to make a fair judgment if your file does not have current medical data or supporting documentation from your doctor, no matter what your injury. Make sure you seek treatment for your condition and that your disability examiner has the most current and thorough information about your case. Medical evidence that supports your case is the most important aspect of your application.
Q: If you are in debt, are the social security disability payments you receive in jeopardy of being taken away by a collection bureau?
A: If you currently receive supplemental security income payments, no creditor can touch those payments. Those who collect SSDI payments, however, are not immune from all collections agencies. If you are in financial trouble with businesses, credit card companies, mortgage companies, etc, they cannot touch your payments. On the other hand, your payments are not safe from governmental agencies. For instance, the government can dip into your social security disability benefits payments if you are behind on a government insured student loan. The only other agencies who can collect your benefits checks are those handling your delinquent child support or alimony payments.
Q: If you are a landlord, will that negatively impact your ability to collect social security disability benefits?
A: The disability examiner for your social security disability case is interested in whether or not you can earn income through employment. Things like dividends from investments and income you collect via rent are not considered when establishing your eligibility for disability benefits. If, however, you are applying for supplemental security income benefits, rental payments and other investments are a factor. Only those with limited financial resources are eligible for Supplement Security Income benefits.
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