QUESTION
Will a bankruptcy affect my VA disability or my social security?
Asked on Nov 14th, 2015 on Bankruptcy - New Jersey
12 ANSWERS
Commercial & Bankruptcy Law Attorney serving Powell, OH
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Ronald K. Nims
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No, bankruptcy has no effect on VA disability or Social Security. Any VA or SS money you've got in the bank is exempt. However, if you mixed other funds with VA/SS funds the issue it can be tough to prove.
Answered on Nov 25th, 2015 at 6:32 AM
Real Estate Attorney serving Florence, KY
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Linda S. Novakov & Associates, PLLC
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No - it should have no effect on those benefits.
Answered on Nov 23rd, 2015 at 4:28 AM
William Rhymer
Normally not at all.
Answered on Nov 23rd, 2015 at 4:23 AM
Not entirely sure what you mean by AFFECT. Both VA disability benefits and social security income are exempt assets, but both of these sources of income must be disclosed in your list of assets and in your assets.
Answered on Nov 20th, 2015 at 4:29 PM
2 Awards
Both VA disability and social security are exempt income. You will not lose these sources of income by filing bankruptcy.
Answered on Nov 20th, 2015 at 4:29 PM
No, there is no way that it can stop that coming in.
Answered on Nov 20th, 2015 at 6:19 AM
Bankruptcy Law Attorney serving Austin, TX
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Law Office of Susan G. Taylor
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No.
Answered on Nov 20th, 2015 at 4:30 AM
Bankruptcy Attorney serving Livonia, MI
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Charles J. Schneider, P.C.
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If affect means lose, No
Answered on Nov 20th, 2015 at 4:30 AM
Appellate Attorney serving Grosse Pointe Farms, MI
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Musilli Brennan Associates, PLLC
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Without details no valid opinion can be formed. See an attorney and do it right.
Answered on Nov 20th, 2015 at 4:30 AM
Bankruptcy Law Attorney serving Livingston, NJ
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Law Office of Stuart M. Nachbar, P.C.
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No a bankruptcy will not affect those things which are exemption.
Answered on Nov 19th, 2015 at 8:57 PM