Waiting for SSDI Approval? How to Stay Afloat

Waiting for approval of your Social Security Disability Insurance (SSDI) claim can be tough, especially when you’re dealing with financial stress. But don’t worry, there are steps you can take to manage your finances while waiting for SSDI approval.

Our Memphis SSDI attorneys work alongside our bankruptcy attorneys to help thousands of Memphis get SSDI and avoid debt. We know how long the waits can be, but it doesn’t need to drag you under.

Here are some tips to help you stay on track.

Create a Budget

Start by making a budget to track your income and expenses. List all your sources of income, including any savings, assistance from family or friends, or part-time work you may be able to do. Then, list your essential expenses like rent or mortgage, utilities, groceries, and medical expenses. Be realistic about what you can afford and prioritize your needs over wants.

If you’ve never done this before, it doesn’t need to be scary. We’ve written a basic guide to setting up your first budget.

Look for areas where you can cut back on non-essential spending to stretch your budget further. This might mean skipping eating out, canceling unnecessary subscriptions, or finding cheaper alternatives for things like entertainment or transportation. Every little bit you can save will help ease the financial strain.

Explore Assistance Programs

Federal, state, and local assistance programs may be available to you while you wait for SSDI approval.

Programs like SNAP (Supplemental Nutrition Assistance Program), Medicaid, or local food banks can help alleviate some of the financial burden and ensure you have access to basic necessities.

In addition, many Memphis area churches and other non-profits offer funds for people struggling with their finances. Many of these programs are for people in your exact situation who may need short-term support until the SSA decision comes through.

Communicate with Your Creditors

If you’re struggling to keep up with bills or loan payments, reach out to your creditors and explain your situation. Many creditors might be willing to work with you to create a payment plan or defer payments until your financial situation improves.

Ignoring bills or going into default can have long-term consequences, so it’s important to communicate proactively.

Remember, most of these companies are only worried about getting paid. If you can pay a little at a time, they usually prefer that over bugging you for the full payment down the road or having to take you to court.

Get out of Tax Debt with BankruptcyConsider Part-Time Work

Depending on your disability and ability to work, you may be able to take on part-time or flexible work while waiting for SSDI approval. Just be sure to report any income you earn to the Social Security Administration and be mindful of how it may impact your SSDI eligibility or benefits.

Even if you get approved for benefits, this option can help you. Plenty of people work part-time while on SSDI. You just need to follow the rules to the letter so you don’t lose your status down the road by accident.

A Memphis SSDI Attorney Who Can Help with Your Finances

If you’re struggling financially while waiting for SSDI approval, you’ve come to the right place.

We understand how overwhelming and confusing the process can be, and we’ve got your back. Our team of experienced lawyers knows the ins and outs of SSDI claims and can guide you through every step of the process.

If after your long wait, the SSA denies your claim, you only have 60 days to file your appeal. And you’ll need an excellent lawyer to help.

Darrell Castle downtown Memphis attorneyFrom gathering the necessary medical evidence to representing you in hearings, we’ll work tirelessly to ensure you get the benefits you deserve. With our expertise and dedication on your side, you can rest assured that your case is in good hands. We navigate the complexities of the SSDI system and help you finally get the financial support you need.

But it gets better: We’ve also helped thousands of people get out of debt, and we know how to protect you from financial devastation. We’ve worked with so many people in your position, and we’ll stand by your side with our well-known compassion and care.

What’s more, we don’t make a penny unless and until we win your SSDI case. And even then, it’s just a fraction of your past-due benefits. You keep every penny moving forward.

You’ve already waited so long. Now’s the time to get the help you really need. Just call us today at 901-327-2100 or contact us online.