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.
A common bankruptcy myth is that it takes seven (7) years after filing bankruptcy before you can get new credit. This is simply untrue. Any kind of bankruptcy can be reported on your credit for up to ten (10) years but this does not mean that you canât obtain new credit during the ten (10) year period.In fact, most of our clients receive letters shortly after they receive their bankruptcy discharge with offers of new credit.ny kind of bankruptcy can be reported on your credit for up to ten (10) years but this does not mean that you canât obtain new credit during the ten (10) year period. In fact, most of our clients receive letters shortly after they receive their bankruptcy discharge with offers of new credit.