PECULIAR, Mo. (KCTV/CNN/CNN Newsource/WKRC) - An elderly man is facing homelessness after Social Security ordered him to repay over $60,000.
PECULIAR, Mo. (KCTV/CNN/CNN Newsource/WKRC) - An elderly man is facing homelessness after Social Security ordered him to repay over $60,000.
Apparently this isn’t uncommon. There should be a statute of limitations on how long they can request repayment back for their mistake, 6 mo max or something like that. That way you aren’t having to pay back decades of their fault.
This happened to my mom while she was terminally dying in a nursing home paralyzed in a wheelchair, yep the government just stopped giving her social security benefits and started garnishing everything. “oH SoRRy wE oVeRpAiD yOu, wE’rE tAkiNg iT aLL bAcK nOw.” She lived like 10 more years after that. absolute hell.
No, no repayment, if someone errors in your favor, they are at fault, not you. They must bear that repayment burden
While that would be ideal it’s also unrealistic. Banks don’t even operate that way because people make mistakes. A statute of limitations is fair to all.
It should be gradual decided by the sum of payments: if you own more, you have a longer term.