Tag Archives: social security

Fraud Scheme Related to the World Trade Center Site Clean-Up: A trucking company’s owners have been indicted on embezzlement, tax evasion and million dollar fraud charges related to the World Trade Center site clean-up. A thirty-one count indictment was unsealed in federal court in Brooklyn this month charging trucking company owners Gerardo P. Fusella and Vincent J. Fusella, Jr., with crimes including embezzlement, mail fraud [...]
Commonwealth Temporary Services Owner Sentenced For “One Of The Most Egregious Tax Evasion Schemes”: It was announced on October 26, 2011 that Michael Powers, former owner of Commonwealth Temporary Services, a temporary employment agency, has been sentenced to seven years in prison in “one of the most egregious tax evasion schemes” the sentencing judge had ever come across. The former temp agency apparently ran a $30 million under-the-table payroll [...]
Adult Baby Continues To Receive Social Security Benefits – Fraud Allegations Dropped: Stanley Thornton, Jr. was featured, not too long ago, on an episode of National Geographic’s television show, “Taboo” where his life of living as an Adult Baby was showcased. When I first came across this news story I immediately thought of an episode of CSI I had seen once of an adult man living his [...]
True Cradle Robbers – Stealing Credit From The Cradle: It’s often not a parent’s first thought to check the credit report of their minor child, however, it may now become a necessity. Not because a child may fraudulently be using credit without their parents’ knowledge but because scammers may have stolen their unused Social Security number and identity. The Better Business Bureau (BBB) put [...]
I’m Living on Unemployment and Social Security But In Debt. – Tom: “Dear Steve, I am out of work and collect unemployment from florida. I also took social security at age 64 to get buy on. My wife works but will retire in Feb 2012. After all our bills not credit cars are paid we haveroughly 1200.00 left We have about 26000 in credit card debt.The excess [...]
We Live on Social Security Alone and Can’t Pay Our Creditors. – Bogey: “Dear Lewis, My wife & I are on SS and have credit card debts of $60k. We have no savings, and SS funds to pay only about half the minimum monthly card payments. We live in Ohio and only assets are our home and car. We do meet chapter 7 income requirements, We are not [...]
I’m 69 And Lost My Job But I Want to Pay My Debts. – Chuck: Chuck wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
I Live on Social Security and a Small Pension and Can Barely Make It.: “Dear Damon, I live in california and i am retired and only income i receive is social security and a small pension from a job i worked at many many years ago I have two credit cards. each have a balance of $2000.00, total of about $4000.00. i have not missed a payment or been [...]
I’m 65 and Going on Social Security. Should I Pay Down Some of My Debts Now? – Joanna: “Dear Andy, I am 65 and have no savings and will be soon on SS only. I am almost debt free except for mortage and car I have saved up $10,000 and want to know if I should use it to reduce my new car loan from $24,000 to $14,000 (4.55%loan) or make a principal [...]
My Mother Lost Her Job and is Applying for Social Security But What About Her Debt? – Kevin: “Dear Lewis, My mother will be 63 this year – she just lost her job and is considering applying for Social Security. The amount she would get will just barely cover living expenses. She is carrying a little under $10000 in credit card debt – half of which as an APR of 31%. I am [...]
I Am Permanently Disabled. Should I Take Money Out of My 401(k) to Pay My Credit Card? – Jeri: Jeri wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
Mary & Bob Write In Retiring And Financially Concerned: Mary and Bob both wrote the me through the GetOutOfDebt.org site. If you have a credit or debt question you can write me for help also. “Dear Steve, I’m living on small social security check and I have put all my investments in cash account with brokerage firm. I am moving into an annuity for [...]
Willis Asks “Do I Pay Or Ignore My Credit Card Company?”: Willis wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
2008 Farm Bill Leads to More Garnish, of Social Security Checks That Is.: A little-noticed law could soon result in smaller Social Security checks for hundreds of thousands of the elderly and disabled who owe the U.S. money from defaulted loans and other debts more than a decade old. Social Security benefits are off-limits to such creditors as credit-card issuers and banks. But the U.S. can collect debts [...]
I’m a Grandmother and Getting my Social Security Check Garnished For Student Loans. – Janis: Janis wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]