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  2. Senior housing locations across Illinois listed for sale ...

    www.aol.com/senior-housing-locations-across...

    Two Springfield area elderly assistance locations have been listed for sale according to their parent company, Christian Horizons. The St. Louis-based senior housing company, which operates and ...

  3. Can you save money by not hiring a bankruptcy attorney? - AOL

    www.aol.com/finance/save-money-not-hiring...

    Determining your eligibility for Chapter 7 or Chapter 13 bankruptcy involves passing a means test based on your income and expenses. The calculations can be complex, and errors might disqualify ...

  4. Senior Savings: When Retirees Should Consider Bankruptcy - AOL

    www.aol.com/senior-savings-retirees-consider...

    Retirement in the United States is not cheap. Even in comparatively inexpensive states like Mississippi, Oklahoma and Arkansas, you'll need to save up nearly $700,000 to retire comfortably ...

  5. Chapter 13, Title 11, United States Code - Wikipedia

    en.wikipedia.org/wiki/Chapter_13,_Title_11...

    The disadvantage of filing for personal bankruptcy is that, under the Fair Credit Reporting Act, a record of this stays on the individual's credit report for up to 7 years (up to 10 years for Chapter 7); [5] still, it is possible to obtain new debt or credit (cards, auto, or consumer loans) after only 12–24 months, and a new FHA mortgage loan just 25 months after discharge, and Fannie Mae ...

  6. Debtor-in-possession financing - Wikipedia

    en.wikipedia.org/wiki/Debtor-in-possession_financing

    The willingness of governments to allow lenders to place debtor-in-possession financing claims ahead of an insolvent company's existing debt varies; US bankruptcy law expressly allows this [8] while French law had long treated the practice as soutien abusif, requiring employees and state interests be paid first even if the end result was liquidation instead of corporate restructuring.

  7. Mortgages for seniors: Getting a home loan in retirement - AOL

    www.aol.com/finance/mortgages-seniors-getting...

    Loan type. Minimum credit score. Conventional loans. 620. FHA loans. 580 with 3.5% down payment, 500 with 10% down payment. VA loans. No minimum requirement, but generally 620

  8. Supplemental Security Income - Wikipedia

    en.wikipedia.org/wiki/Supplemental_Security_Income

    SSI recipients automatically are entitled to Section 8 Housing as they meet the low income criteria yet they have to be approved by the Department of Housing and Urban Development. Ticket to Work All SSI beneficiaries ages 18–64 interested in working are eligible for free employment support services through the Social Security Administration.

  9. Low-income seniors told to move as developer buys historic ...

    www.aol.com/low-income-seniors-told-move...

    An affordable housing complex serving seniors in downtown Columbia has been sold, forcing its low-income residents to find new homes. The buyer is pitching a $1.4 million restoration of the ...