How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask cfortunato Your Own Question
cfortunato, Attorney
Category: Bankruptcy Law
Satisfied Customers: 8023
Experience:  Bankruptcy professor.
Type Your Bankruptcy Law Question Here...
cfortunato is online now
A new question is answered every 9 seconds

Does Veterans Compensation monies count as income against that

This answer was rated:

Does Veterans Compensation monies count as income against that which I am allowed to keep? Wisconsin Chapter 11

cfortunato :

Hi - my name is XXXXX XXXXX I'm a Bankruptcy attorney here to assist you.

cfortunato :

Are you asking about VA income that you have already received and saved, or VA income that you will receive after your Bankruptcy is filed?


This is in reference to monies I receive from the VA for an injury I received in the service, I want to know of those funds are included in my "allowed to keep" monies and do they count against the total each month

Thank you for your response.


Absolutely the only income that is not included when calculating one's monthly Bankruptcy payment is Social Security income and Unemployment Income.

VA income is included when determining one's monthly payment.


I think this is what you wanted to know. If not, please let me know.

Thank you.

cfortunato and 2 other Bankruptcy Law Specialists are ready to help you