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Chapter 7 Means Test and Veterans Disability

Asked over 2 years ago - Media, PA

Bankruptcy Chapter 7 Bankruptcy Means Test

Can someone tell me if Veterans Disability is included as income for the Chapter 7 means test? I was told that it's included in the petitions only. But in the means test calculations, Veterans Disability benefits do not have to listed or counted. I have never included these benefits in my federal taxes. I just want to be sure I'm being told the right thing.

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Jeffrey Daniel Larkin

Reputation Level 15

Answered over 2 years ago. Bankruptcy Attorney in Carlsbad, CA.

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If veterns benefits are considered benefits uinder the social security act then it is not considered income for means testing purposes. If it is not a benefit under the social security act then it is considered income for means testing purposes.

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Mr. Larkin is licensed to practice law in CA and is located in San Diego. His response here does not constitute legal advice and does not create an attorney/ client relationship. The response is in the form of legal education and is intended to provide general information about the matter in question. Many times the questioner may leave out details which would make the reply unsuitable. Mr. Larkin strongly advises the questioner to confer with an attorney in their own state to acquire more information about the specifics of their case.

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