Elawyers Elawyers
Ohio| Change
Asked in Spring City, TN May 17, 2020 ,  2 answers Visitors: 12
Does TN require that chapter 13 payments also be made from the $600 federal stimulus money received during unemployment?
Tag: 

2 Answers

Anonymous
Reply

Posted on / May 24, 2020 03:58:33

No. However, if you are not making your chapter 13 payments, you should consult your bankruptcy lawyer or the trustee regarding the payments.

Anonymous
Reply

Posted on / May 17, 2020 08:15:53

No, this money is explicitly excluded from the definition of income in the CARES Act. This means it does not need to be paid into your plan.

However, if you have recently become unemployed due to the coronavirus and are not making payments into your Chapter 13 plan, you may want to speak to your attorney about a plan modification. There is a new rule the CARES Act implemented that allows for modification of your Chapter 13 plan if the coronavirus has caused an inability to stick with the original terms of your plan.

Can't find what you're looking for?

Post a free question on our public forum.
Ask a Question

Can't find what you're looking for?

Post a free question on our public forum.
Ask a Question
Search for lawyers by practice areas.
Find a Lawyer