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Special Legal Protections for Poor Seniors

Poor seniors enjoy special legal protections, but only if they know about them. In this video, you'll learn how the law protects poor seniors when it comes to Social Security payments, bank accounts, home ownership, home rentals, and more. Time Stamps 0:00 How seniors are special in the eyes of the law 1:01 Introduction to Attorney Eric Olsen and HELPS Nonprofit Law Firm 1:51 How your Social Security payments are protected by law 2:50 Nearly all forms of retirement income are protected by law 3:04 How the bank account holding your Social Security payments is protected by law 4:42 How senior veterans are special and enjoy special benefits 6:33 Seniors who own homes get special benefits from debt collectors 7:34 How to use a reverse mortgage, a special benefit for poor seniors 8:56 How poor seniors can benefit from subsidized housing and Section 8 housing 9:44 Medical benefits like Medicare make seniors special If you are having financial issues, the law can protect you, but only if you know about it. Attorney Eric Olsen, the founder and Executive Director of the HELPS Nonprofit Law Firm, explains how seniors are special in many ways. The former bankruptcy attorney explains many special legal protections for poor seniors, including: how your Social Security payments are protected by law. Social Security benefits are exempt from execution, levy, attachment, garnishment, or other legal process, or from the operation of any bankruptcy or insolvency law. how federal benefits deposited into a bank account, including Social Security benefits, veteran benefits, railroad retirement and civil service retirement benefits are protected by law. how poor seniors who own property are protected by law, and can employ a reverse mortgage in order to improve cash flow. how poor seniors who rent property are protected by law, and the special benefits seniors have when they're looking to rent. special medical benefits seniors enjoy. Jeff Hoyt is SeniorLiving.org’s Editor-in-Chief. For the best way poor seniors can avoid paying taxes, watch    • The Best (Legal) Way to Avoid Paying ...   For why seniors don't have to worry about old debts, watch    • Why Seniors Shouldn't Worry about Old...   To watch Attorney Eric Olsen explain why seniors don't have to worry about student loans, check out    • How Seniors can Avoid Paying Student ...   Subscribe to SeniorLiving.org on YouTube:    / @seniorlivingorg   For more tips for seniors: https://www.seniorliving.org/ If you're interested in joining the hundreds of thousands of families who've found senior living communities on SeniorLiving.org, read the reviews on our website: https://www.seniorliving.org/housing/ To contact the HELPS Nonprofit Law Firm, call 1-855-435-7787 or visit helpsishere.org.