Q: I'm in a Chapter 13 in Western Dist of KY. Confirmed in 2017. Will I have to turn stimulus check over to trustee?
The CARES act seems to be very clear that the Stimulus money cannot be used as "income" when FILING bankruptcy or when CONFIRMING the chapter 13 plan. The language isn't quite as clear for people currently in a confirmed Chapter 13 plan. Will I be able to keep the stimulus money or will the trustee want it turned over? Specifically Chapter 13 Trustee William Lawrence in Louisville, has he made any statement either way?
A: No. You should be able to keep your stimulus check if you otherwise qualify.
Nick Curtis Thompson and David Luther Woodward agree with this answer
1 user found this answer helpful
A:
The consensus amongst most of the lawyers who have responded here is that it is not income, and accordingly is "exempt" from the clutches of the trustee.
Good Luck
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Nick Curtis Thompson agrees with this answer
1 user found this answer helpful
A: The debtor has a duty to use his best efforts to repay. However everything we have heard indicates that you will not have to turn this over.
1 user found this answer helpful
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