We generally use earnings guidelines to evaluate whether your work activity is SGA. The amount of monthly earnings we consider to be SGA depends on the nature of your disability. The Social Security Act specifies a higher SGA amount for persons who meet the definition of blindness described by the law.
1 Bankruptcy can be listed on your credit report for up to 10 years. 2  This is the most misunderstood consequence of bankruptcy. 3  That fact that bankruptcy I âlistedâ on your credit report does not mean that it ruins your credit for 10 years.EGATIVE EFFECTS OF BANKRUPTCY. 1  You can not file bankruptcy again for 8 years. 2  This, to me, is the most important consequence. 3  You are basically using your âget out of jail freeâ card. 4  If you think you will have a big medical expense or otherwise run into hard times in the next few years.
How Much Does a Credit Score Improve After Bankruptcy Falls Off a Credit Report? It's no secret that creditors frown upon consumers who declare bankruptcy. While the exact amount of damage will vary from person to person, few people escape the bankruptcy process without enduring a serious hit to their credit score. In the three to five years following their post-bankruptcy debt discharge, most consumers are unable to secure even the most basic forms of credit.