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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.

Robert Breeze (not verified)

Yes I have a question I received a lump sum of $36,000 for 4 years back pay before I got my back pain they took half of my back pay saying that I they were paying back what I already borrowed I never got no money why I waited on Social Security I want to know what I can do because I only got 17,000 of the 36 my lawyer got six thousand I need to know what I can do to get my rest of my back pay

Sat, 12/30/2017 - 16:54 Permalink
Bryan

In reply to by Robert Breeze (not verified)

Hi Robert,
I'm not really sure! You may want to contact the SSA regarding that as they would be able to determine where that money has gone.

Wed, 01/03/2018 - 14:01 Permalink
Anonymous (not verified)

Hi, I received SSI money.. I plan to purchase a brand new car 2018 $34,000 for my friend in my name but it is her money to put down on a car payment and after that we both will sign the notarized letter stating that the vehicle is belonging to her. I only help her to buy it because she not qualify for the loan in her name.. Will it hurt my SSI payment?..

Sun, 12/31/2017 - 17:54 Permalink
Bryan

In reply to by Anonymous (not verified)

Hi there,
Yes it will as that would be considered a financial resource if you already own a car. In addition, it may not be a good idea if you get the loan in your name as you may be on the hook for the car payments.

Wed, 01/03/2018 - 14:07 Permalink
Jimmy Turner (not verified)

I have back pay and I have only recieved1 check and I'm in a emergency situation. Can I request some of my back pay? Not supposed to get anything for 6 months.

Wed, 01/03/2018 - 15:14 Permalink
Shawanda (not verified)

My song was approved for Social Security benefits and he’s doing the backpay we have been received it it’s been like nine months now

Fri, 01/05/2018 - 11:19 Permalink
Lataya (not verified)

Hi, I been receiving ssi since 2010 I just recently was notified From ssi about survivor benefits from my dad. Im approved but my case is still getting processed. I was told ssi can only give you 5years of back pay.! && I was getting under 500 when I used to get survivor benefits When I was a teenager. How much money you think Ssi go take out beening that I been getting ssi since 2010 ?

Sat, 01/06/2018 - 06:19 Permalink
Bryan

In reply to by Lataya (not verified)

HI Lataya,
SSI and survivor's benefits are different, and as such what you would receive may vary. It may be a good idea to contact the SSA regarding this.

Mon, 01/08/2018 - 16:07 Permalink
Bryan

In reply to by Mary (not verified)

Hi Mary,
I'm sorry to hear that! Back pay from your benefits may be used for rent. If you're in doubt about how you can use those funds, you may want to contact the SSA regarding this.

Mon, 01/08/2018 - 17:11 Permalink
Mary (not verified)

In reply to by Bryan

I did and she said the Landlord have to send a letter she gave me one last Friday and I still haven't heard anything from her

Wed, 01/10/2018 - 13:18 Permalink
Mary (not verified)

I need money and about to be homeless and I call and landlord wrote and said I will be put out still haven't heard anything yet

Wed, 01/10/2018 - 13:15 Permalink

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