In filing for bankruptcy, should I include workers compensation as income? 14 Answers as of August 31, 2015

Will workers compensation count as income?

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Novakov & Associates, PLLC
Novakov & Associates, PLLC | LINDA S. NOVAKOV
When filing for bankruptcy - you MUST include all income - no matter what the source; and all debt for which you are personally responsible.
Answer Applies to: Kentucky
Replied: 5/6/2015
Deborah F Bowinski, Attorney & Counselor at Law | Debby Bowinski
Yes, worker's compensation does count as income.
Answer Applies to: Colorado
Replied: 5/5/2015
GARCIA & GONZALES, P.C.
GARCIA & GONZALES, P.C. | Richard N. Gonzales
Yes, generally. I'm not sure I understand the question. A face-to-face meeting with an experienced BK attorney would serve you better. Good luck!
Answer Applies to: Colorado
Replied: 5/5/2015
A Fresh Start
A Fresh Start | Dorothy G Bunce
If you got it and received it as cash, then of course you would include it as income on both your budget and the Means Test. Only social security does not get reported on the Means Test, but even social security is reported in the budget.
Answer Applies to: Nevada
Replied: 5/5/2015
Cohen & Kendziorra, P.A.
Cohen & Kendziorra, P.A. | Robert S. Cohen
Yes, workers compensation in general is considered income and used to determine under which chapter in bankruptcy you qualify for, whether a 7 or a 13.
Answer Applies to: Florida
Replied: 5/5/2015
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