Is Veterans Disabilaty Compensation considered income for a Bankruptcy? I have my 341 in a month and I'm not for sure, due to being told different things.
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Filed: Dec 31, 2008
341: Feb 5, 2009
Discharge: Apr 7, 2009 (61 days even) -
What state do you live in?May 31st, 2007: Petition Filed by my lawyer
July 2nd, 2007: 341 Meeting Held
September 4th, 2007: Discharged and Closed. -
CaliforniaFiled: Dec 31, 2008
341: Feb 5, 2009
Discharge: Apr 7, 2009 (61 days even)Comment
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For the purpose of the bankruptcy, it is considered income as well as Social Security, and pensions. However, all the above is protected from creditors garnishes (except IRS) 'HubIf I knew it all, would I be here?? Hang in there = Retained attorney 8-06, Filed 12-28-07, Discharge 8-13-08, Finally CLOSED 11-3-09, 3-31-10 AP Dismissed, Informed by incompetent lawyer of CLOSED status, October 14, 2010.Comment
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I thought we had discussed this in the other thread. I posted what defines "income" in 11 USC 101.
VA benefits are income.
What's your specific issue with it as income? Are you thinking you're over the median? Thinking you'll be pushed into a Chapter 13?Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
Status: (Auto) Discharged and Closed! 5/10
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Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.Comment
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Yes, I think that might happen. I'm pretty much lost right now.Filed: Dec 31, 2008
341: Feb 5, 2009
Discharge: Apr 7, 2009 (61 days even)Comment
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Is it possible if you held out a few months more that your income could show lower on the 6 month lookback and help you with the filing?May 31st, 2007: Petition Filed by my lawyer
July 2nd, 2007: 341 Meeting Held
September 4th, 2007: Discharged and Closed.Comment
Bankruptcy Wizard
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