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Terry L.
Terry L., Attorney
Category: Bankruptcy Law
Satisfied Customers: 2890
Experience:  Better Business Bureau. 18yrs bankruptcy experience. Chicago Bar Assoc. American Bankruptcy Institute member.
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Can social security benefits be used as income chapter 13

Customer Question

can social security benefits be used as income for a chapter 13 repayment plan?
Submitted: 1 year ago.
Category: Bankruptcy Law
Expert:  Terry L. replied 1 year ago.

hi, yes. All income can be used to contribute to a chapter 13 repayment plan.

Expert:  Terry L. replied 1 year ago.

Social security does not count toward the means test, but it can be used to help calculate that you have enough income after paying your monthly expenses to cover a chapter 13 repayment plan, sure. Put that on schedule I, absolutely. Let me know if you have any further questions.

Expert:  Terry L. replied 1 year ago.

did you have any questions? if not, click accept to close and rate answer. thanks