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Bankruptcy

: The Debt Podcast

Social Security Benefits Not Exempt If Already Received, Minnesota Court Says

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When social security benefits have already been received, but not yet spent on the date a bankruptcy case is filed, the funds cannot be claimed exempt under the federal bankruptcy exemptions, according to In re Carpenter, 2008 WL 4567128 (Bky.D.Minn. Oct. 14, 2008), a recent Minnesota bankruptcy court ruling.  This case held that bankruptcy code [...]

Full post as published by The Debt Podcast on November 30, 2008 (boomark / email).

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