🌷 According to social security policy: loan contracts must be achievable, unconditional and must include a concrete plan to repay the money. 🌸 leases are sometimes used by adults with disabilities who return to their parents or by children with disabilities when they are 18 years old. If the disability application lasts several years (which it sometimes does), a lease agreement can help establish a clear documentation of all funds due for that period. In the absence of a formal agreement, Social Security will generally not regard this as a valid loan contract. This can cause two problems: 🌷 Ms. Norton lives with her father. Speaking to the social worker, she said, “She feels personally responsible for repaying her father, but her father does not expect a refund.” The credit contract is refused. Depending on the state, the agreement may or may not be written. Other requirements are: Sublet Example: Jennifer`s friend rents an apartment.
When Jennifer is disabled, her boyfriend agrees to leave her there, as long as Jennifer promises to pay her half the rent and incidental expenses. Jennifer and her boyfriend sign a lease. After being admitted for a disability, Jennifer refunds her boyfriend. Paul Baker Law Office lawyers can help you with your lease in Kentucky. Every situation is unique and at the Paul Baker law firm, we know that your SSI benefits are very important to you. Ideally, the contract should be signed by both parties before the lease begins. If your agreement has not been signed beforehand, it may or may not be accepted. To enter into a Kentucky lease, both parties would have to sign a statement confirming the rent details: the amount of rent owed for each month, the amount charged for utilities, interest due and other information. Don`t hesitate to call the law firm Paul Baker or visit us on our website for a free consultation. Contract law varies from country to country, so if there is no agreement signed before the loan begins, SSA can take into account the laws of your state. In some states, they may accept a verbal agreement that was verbal and both later confirmed that they had been verbally concluded. An oral agreement should be reached before the lease begins.
🌷 Mr. Johnson lives with his daughter. When they talk to Social Security workers, “the daughter says that Mr. Johnson only has an obligation to pay them back if he starts receiving his benefits.” The credit contract is refused. A lease is a kind of lease that you make with the person you are staying at to pay the rent. Example of rental: Sally lives in a house owned by her mother. Before applying for SSI, she and her mother signed a lease to rent a room in the house. In the SSI financial interview, she presents the rental contract and gets SSI full for all months of backpay. She`s paying off her mother`s rent. SSI has a directive that allows an applicant to enter into a tenancy agreement to pay rent and pay it back later.
Most often, these types of agreements are used by someone who will rent a room, and then after the authorization, the rent will be refunded from his butt.