My Social Security at risk over VA loan?

By Justin Harelik • Bankrate.com

Justin HarelikDear Bankruptcy Adviser,
I have a Veterans Affairs-secured mortgage on my home. I have recently retired and am living on Social Security money. If I declare a Chapter 7 bankruptcy and walk away from my house, can Uncle Sam garnish any of my retirement income? I have no investments and am living on my Social Security and my wife's Supplemental Security Income disability money. We have no other income.
-- Jeff


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