Skip to main content

Lump sum back payment

Submitted by Anonymous (not verified) on

I received two lump sum payments, but I have not spent all of the funds. I want to make a funeral arrangement and buy a car. How soon must I spend the lump sum payment.

Bryan

In reply to by Rob carroll (not verified)

Hi Rob,
If you have applied for benefits, it may take longer than that. However, depending on the severity of your condition, you may have been eligible for a Compassionate Allowance decision, which has a shorter timeline.

Wed, 10/11/2017 - 13:51 Permalink
Amber Thomas (not verified)

I'm at unable to get a saving or checking acct with banks because of past issues they approved me for money out of my back pay due to financial issues is there any other way I can receive the payment

Wed, 10/11/2017 - 16:41 Permalink
Eric

In reply to by Amber Thomas (not verified)

Hi Amber,

You would need to talk to someone from the SSA regarding that since all payments are made via a direct deposit into either a checking or savings account.

Mon, 10/16/2017 - 08:51 Permalink
Anonymous (not verified)

I received SSD, I apply for SSI in February it was approve I got my first check october 1 2017. Do I get back payments. I am disable since March 2012

Thu, 10/12/2017 - 12:25 Permalink
Ian (not verified)

if I were to get about 21.000 in back back pay,how would they pay my lawyer and me, and also is there a time period in witch I have to spend the money.

Thu, 10/12/2017 - 15:51 Permalink
Anonymous (not verified)

Yes I would like to know how long does it take for my back payment to arrive and how will I be receiving it ... I was approve for ssi and I'm going to receive my first month check in Nov...

Thu, 10/12/2017 - 21:21 Permalink
PATRICIA RAMSEY (not verified)

What form do I need to file to get the rest of my back pay I need it bad I have no vehical and im moving

Fri, 10/13/2017 - 12:28 Permalink
Anonymous (not verified)

So i am basicaly homles and have back pay butt they say they pay. Money and then in 6 moths they pay again and then in 6 more moths they pay all of it well my question is is there anyway to get before a yeare. In 6 months if ure homles .to help with housing and stuff like that .

Sat, 10/14/2017 - 22:06 Permalink
William (not verified)

I received back a back payment and was told the full back payment would be paid off after 3 initial backpayment were paid that the third backpayment would be the final amount i received one back payment and 3 months later ran into a situation where i needed funda to purchase a vehicle i did everything they told me to do and waa approved got the money a week later i wanna kno if doing that affected the second installment payment that was due in the next 3 months since i had the emergency where i needed a vehicle or waa ssi just gonna continue to send me the second backpayment when its due in January or not send it because they approved me to get the funds early from my back pay to purchase a vehicle

Tue, 10/17/2017 - 23:37 Permalink
Bryan

In reply to by William (not verified)

Hi William,
It would affect your remaining installments as the money that the SSA had sent you was from your back pay.

Fri, 10/20/2017 - 13:18 Permalink
Don And Lisa B (not verified)

I fought since 2011 for my SSI , I finally won a fully favorable decision this year, my first installment came then I needed extra money for a electric bill, it was given to me two days later , then I received another installment 6 months on the day that was my second installment, now the last installment which is the balance ( around 20,000) is due to me in April 2018, but my house goes into sheriff's sale this November 2017, does anyone think I can get my last payment released early to my so I can get a home to live? Or anyone been through similar situation. Greatly appreciate you answers. And God bless you all. We are the most patient people in the world..(LoL)

Thu, 10/19/2017 - 18:16 Permalink
Veronica M (not verified)

My sons back pay was 4.000 something back in may of 2017 and I should be getting his second installment next month witch is November 2017.but I have stayed without a car and its hard to get my son to his Dr apt that he need to get his meds from.so can I ask for the second installment of 2200 in advance to purchase a car and if yes how can I do that?

Fri, 10/20/2017 - 01:10 Permalink

Add new comment