Syracuse, NY asked in Social Security for New York

Q: senior citizens receiving Social Security and a Veterans Disability Pension are they Judgement proof

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1 Lawyer Answer
Cristina M. Lipan
Cristina M. Lipan
Answered
  • Wantagh, NY
  • Licensed in New York

A: This income is exempt from creditors. However, you must keep the funds separate from other types of income and have proof it was never co-mingled. As a practical matter, it is possible to have the funds taken out of your bank account even if they are exempt - it's just they would need to be returned and that is a hassle.

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