Q: I filed bankruptcy on my own on March 29th. Now since the cares act passed on March 27th I was told no stimulus for me.
It was a chapter 7. I see the provision for chapter 13 where it says the stimulus would go to the debtor but is there something for chapter 7 as well. stimulus is considered to be part of my bankruptcy estate. So I'm reading it can be taken by the trustee to satisfy creditor debts. My question is will I get to keep the stimulus and why? I'm very confused because when I filed I had 3100 in my checking account which is protected by the Illinois wild card exemption. I have my 341 meeting in May and just want to know how it can be protected from the trustee if possible. Or will she even try to take it? Is there a provision under the cares act that I can cite that will help me to keep it? Please explain it in the simplest terms possible I really would appreciate it. I owe about 40k in unsecured credit card debt so divided among 13 creditors plus the trustees take it wouldn't be much. My stimulus would be 1700 I also read 500 of it ultimately would be safe because it is a child tax credit.
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