Assuming no other options existed, once BK is discharged, begin drawing from 401-K, or from regular IRA created by a roll-over from 401-K, as needed to supplement SS income (assuming she has already quit her job).As alluded above, my bullet item 4 above may annoy some of my fellow investors and agents, but in the absence of more income, or willingness and ability from the kids involved, or other viable options, it is what it is.Best of luck to you and your Mom.

A bit about me: After two tours of combat service in Iraq, I was honorably discharged from the Army in 2007.

Student loans are not dischargeable in bankruptcy, so if you get rid of them it will give you some room to maneuver. 

They closed the doors in October 2016 and it was discharged with a Final Decree dated April 21st 2017.

I own properties in Appleton, Neenah, Little Chute, Kimberly, Combined Locks, Kaukuana, and New Holstein(furthest away).

One example, client is 2yrs after BK discharge date and looking for a long term loan for single family residential investment property. 30yr fixed / amotized with baloon payment no earlier than 5 yrs.

The banks are giving me a hard time because of (1) I am only in the 3rd year of my bankruptcy discharged.

It's the date from when the chapter is discharged, not filed for.  

Minimum of 2 years from Chapter 7 or 13 bankruptcy discharge Minimum of 3 years from Preforeclosure, short sale, deed in lieu, foreclosure from discharge date or release date.Down Payment Requirements The borrower is required to make a minimum down payment into the transaction of at least 3.5% of the lesser of the appraised value of the property or the sales price.

Most banks will not work with you until your discharged BK is over four years old.