Bankruptcy Law Questions? Ask a Bankruptcy Lawyer Now.
So you are saying that the check I receive for a compensation for a job related injury which is tax exempt has to be reported to the bankruptcy court, which will increase the salary income amount and therefore, increase the deduction taken out of my paycheck.
Also, does my inheritence received from my mother's death has to be reported also or is money not included in bankruptcy.
An inheritance during a bankruptcy or within six months of discharge would be considered part of the bankruptcy estate. An inheritance after 6 months of discharge would not be attached for the debts discharged in the bankruptcy.
What state is the plan filed in? I will check to see if there is a state exemption related to the WC that I am not aware of.