Posted by Professor | Posted in Uncategorized | Posted on 11-12-2007
student loans hardship deferment
a friend offered to buy a house, what do I need to know?
I've never bought a house, I am on SSDI. will this affect my SSDI in any way? Also I have school loans are in deferment. if the house gave me the student loan people were going to take? what if he gave the power of attorney? I do not think I need SSDI controller case, I can just go to Social Security and ask for one? A trust may be the way forward. Do not worry, I do not I will run on anything. I calculated how much you would save each month for taxes and consumption and tare, and put a little savings for old age. this is cheaper than rent in my area.
Your home is safe. His deferment is safe. SSDI is not concerned with your home – that allow you to live in one that you rent or own. You will have to declare the value of your home as something that has been assigned the value in the next year's tax. If your student loan payment is calculated based on your tax return – can have an impact at that time as to how much you owe. They will not come after your home. It will cost money, but the house could be put into a trust for you. That way you do not have it – the confidence that you own it. You need to have someone you trust to your trustee.