Legal Question in Bankruptcy in Maryland
Bankruptcy Law
If you are on SSDI and have to
file for bankruptcy,how does the
law apply to this situation?
Asked on 7/01/08, 6:02 pm
2 Answers from Attorneys
Daniel Press
Chung & Press, P.C.
Re: Bankruptcy Law
Generally speasking, the Social Secuirty income is not treated as income for means testing purposes, and any such income still in your bank account is exempt in the bankruptcy and cannot be taken by the trustee.
Answered on 7/01/08, 6:11 pm
Daniel Press
Chung & Press, P.C.
Re: Bankruptcy Law
Generally speasking, the Social Secuirty income is not treated as income for means testing purposes, and any such income still in your bank account is exempt in the bankruptcy and cannot be taken by the trustee.
Answered on 7/01/08, 6:11 pm
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