Huntley, IL asked in Bankruptcy for Illinois

Q: Filed check 7 bankruptcy on March 28th. One day after the cares act passed. I have read that it is part of my bk estate?

Just wondering should I not spend it just in case the trustee asks for it. Also read that if they are going to take it they have to report it to the us trustees office. I just want to use the money as it was intended to help pay my bills and put food on the table.

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1 Lawyer Answer
Timothy Denison
Timothy Denison
Answered
  • Bankruptcy Lawyer
  • Louisville, KY

A: It is not income to you and you should be able to spend it on your bills, expenses, etc. you should check with your bankruptcy attorney but most of the trustees are not pursuing the stimulus checks.

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