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Why Seniors Shouldn’t Worry About Old Debt

Most seniors don’t know that federal and state laws protect their Social Security, almost all pensions, 401k, IRA, disability, and VA benefits from debt collectors.

Those forms of income can’t be garnished or taken from them. This money is available for their needs, like food, medicine, and housing.

If they are sued, there are laws that protect a senior’s bank account.

There are also laws that seniors can use to protect themselves from unwanted collector contact by phone or mail.

HELPS Nonprofit Law Firm is a national nonprofit law firm that educates seniors and disabled persons on how they can maintain their financial independence.

Eric Olsen, Executive Director HELPS Nonprofit Law Firm. HELPS assists seniors with debt.We protect seniors from unwanted debt collector contact. We also educate seniors about their financial rights, including how their Social Security and other retirement income are protected from collectors and available for their needs. We help many seniors who bank with a credit union, so we have seen firsthand the difficulties seniors face when their credit unions don’t follow the law. Learn more about HELPS at www.helpsishere.org or call HELPS toll-free at 855-435-7787.
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