QUESTION
If the school where I am receiving retirement and healthcare benefits from is put under bankruptcy, can I lose my benefits?
Asked on Mar 16th, 2013 on Bankruptcy - New Jersey
More details to this question:
I used to teach in a public school. In the very late 1980’s they singled me out and harassed me. I won a lawsuit against them. I have been receiving monthly retirement and healthcare via them since then. If the school is put into Chapter 9 bankruptcy, can I lose that?
4 ANSWERS
Bankruptcy Attorney serving Florissant, MO
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Law Offices of Thomas Corcoran Phipps
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You probably won't. You may get paid over a longer period of time since they are in a reorganization.
Answered on Aug 07th, 2013 at 12:00 AM
Bankruptcy Law Attorney serving Livingston, NJ
Partner at
Law Office of Stuart M. Nachbar, P.C.
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It is possible..we would need to look at judgement.
Answered on Jul 27th, 2013 at 10:48 AM
I can not answer your question because I only answer GA law questions. Your question is a BANKRUPTCY question, which is federal law. Bankruptcy is based on law, not logic, so there is no intuitive answer.
Answered on Jul 25th, 2013 at 8:19 PM
General Law Attorney serving Cherry Hill, NJ
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Mark S. Cherry, Attorney at Law, PC
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New jersey school pensions are state administered.
Answered on Jul 25th, 2013 at 5:25 PM