Miami, FL asked in Bankruptcy for Florida

Q: My wife and me filed bankruptcy chapter 7 on 03/09/2020 in Miami FL, on May 4 we had the court meeting.

We were informed one week after court we don't need to pay any debit.

Two weeks after that my wife was laid from her job and received a severance payment for 20 years working there .

The question is do i need to report to the court this, and they could take the money, we suppose to be discharge in 15 days.

Thank you

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3 Lawyer Answers
Terrence H Thorgaard
Terrence H Thorgaard
Answered
  • Bankruptcy Lawyer
  • Freeeport, FL
  • Licensed in Florida

A: No. you don't need to report the post-petition severance payment. The notice you received was probably just a pro-forma finding that the chapter 7 case is a "no asset" case; i.e.: nothing for the trustee to administer.

1 user found this answer helpful

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

A: No. You do t have to report it. It is post petition income and not part of the estate.

1 user found this answer helpful

Jeffrey Schatzman
Jeffrey Schatzman
Answered
  • Bankruptcy Lawyer
  • Miami, FL
  • Licensed in Florida

A: No, you do not have to report it. Once you file your case, any income you earn and receive after that belongs to you and does not put into the bankruptcy case or go to your creditors. Generally, the only exception would be if you receive an inheritance within 6 months after filing your bankruptcy case.

1 user found this answer helpful

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