If you're in #debt as a senior, the law protects you in many ways that you may not know. Hear Attorney Eric Olsen, Executive Director of the HELPS Non-profit Law Firm, explain why seniors may never have to pay certain debts. Note: We receive free products and participate in affiliate programs. Time Stamps 0:00 Introduction to seniors and debt 0:50 Why seniors don’t have to worry about debt 1:21 Federal law protects Social Security 1:45 ERISA protects Pensions and Retirement Funds 2:28 Most seniors don’t know their Social Security and Retirement Funds are protected 2:55 How Federal law protects Seniors’ Bank Accounts 5:39 How Federal law protects Seniors from Debt Collectors 8:16 Cease-and-Desist letter to stop Debt Collectors 9:02 How HELPS Non-Profit Law Firm can help Seniors 11:32 How Much HELPS Non-Profit Law Firm charges Seniors 12:21 How Seniors can contact HELPS Non-Profit Law Firm Many seniors have financial issues, with some facing old debts such as student #debt. But the government protects seniors from certain types of debt. Federal law protects your Social Security payments, pensions, and retirement funds. There are even little-known laws that protect seniors' bank accounts. Debt collectors may be bothersome, but you can send them packing through various means that don't require you to pay them. Protected Social Security, pensions, disability and VA benefits can be used for your needs, helping you to find financial peace of mind. The HELPS Non-Profit Law Firm, based in Salem, Oregon, provides ongoing legal representation for purposes of communicating with debt collectors, serving clients in all 50 U.S. states. Once you retain HELPS, debt collectors can no longer call or send letters. Attorney Eric Olsen, Executive Director of the HELPS Non-profit Law Firm, explains why seniors may never have to pay certain debts, and how HELPS can help you even if you don't retain their services. Jeff Hoyt is SeniorLiving.org’s Editor-in-Chief. For more on Senior Finances and COVID-19, watch https://youtu.be/P5VmalGWtrc To learn when Seniors should consider Bankruptcy, watch https://www.youtube.com/watch?v=Iu0fy8JujGo If you're thinking about a reverse mortgage, watch https://www.youtube.com/watch?v=_4e4Ood1Ss8 Subscribe to SeniorLiving.org on YouTube: https://www.youtube.com/channel/UCIYQwu7wEpLyijISnF5Z6eA?sub_confirmation=1 For more tips for seniors: https://www.seniorliving.org/ \If you're interested in joining the hundreds of thousands of families who've found senior living communities on SeniorLiving.org, read the reviews on our website: https://www.seniorliving.org/housing/