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Can you file bankruptcy if you receive VA disability?

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2011-09-12 14:45:51
2011-09-12 14:45:51

It is possible to file bankruptcy when receiving VA disability.

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Related Questions


There are a number of steps in applying for VA disability. One first has to consult with a doctor. After he has made his consultation, one has to file disability paperwork with the VA.


Yes, but you need to file for a modification. see link below



Yes you can collect Federal Disability Civil service and Va disability payment together, but the checks are separate.


I filed chap 13 Aug of 08 and they did include my VA disability as income.



Yes, if you qualify under both programs you can receive Social Security disability or retirement compensation and VA benefits at the same time without a reduction in benefits for either.


Your VA Disability check is NOT taxable. VA Disability is a compensation NOT earned income.


No Veterans service connected disability pay is not reported on your income tax return. You do receive a 1099 information form from the VA for the amount of your disability pay that youu receive during the year.


What percentage of VA Disability is Garnishable


yes ,under Florida law.-------------------------That is incorrect, VA Disability benefits are not considered income and are protected under U.S. Code, Title 38, §5301(a)


In that case NO you would not be required to file a tax return.


I am trying to sell a portion of my VA disability


To my understanding you should not have to, but you may want to go onto the VA website and check the state by state laws that apply to disabled vets. This also changes if you are more than 30%. The website link for this via my award letter is http://www.VA.gov/statedva.htm


Your VA disability to my knowledge is untouchable to all creditors, to include child support, and student loans. Your student loans will affect your credit report negatively until it is in good standing. It will never go away or default. You can not claim it on a bankruptcy either.


VA Disability Benefits You do NOT include disability benefits you receive from the U.S. Department of Veterans Affairs (VA) in your gross income. In particular some of the payments which are considered disability benefits include:*.Disability compensation and pension payments for disabilities paid either to veterans or their families,*.Grants for homes designed for wheelchair living,*.Grants for motor vehicles for veterans who lost their sight or the use of their limbs, or*.Benefits under a dependent-care assistance program.The VA publishes an annual benefits booklet, a comprehensive guide for Federal Benefits for Veterans, Dependents and Survivors.If you are a military retiree and receive your disability benefits from the VA, go to IRS gov web site and use the search box for IRS Publication 525 for more information.


I do not think so, VA disability is not taxable. I get a 1099-R each year showing my military retirement income but nothing to show my VA disability.


Generally it takes about 6 months, I got mine really fast. But I was married to a General :-)


VA disability does not automatically make one eligible for Medicaid; you will have to submit your medical records to Medicaid. However, it seems likely to me that you would qualify.


No. VA disability isn't taxable and you won't get a 1099 for this income. If you are also receiving regular military pension, your 1099-R will only include the taxable portion and will not include your VA disability portion.


VA Disability Benefits You do NOT include disability benefits you receive from the U.S. Department of Veterans Affairs (VA) in your gross income. In particular some of the payments which are considered disability benefits include:*.Disability compensation and pension payments for disabilities paid either to veterans or their families,*.Grants for homes designed for wheelchair living,*.Grants for motor vehicles for veterans who lost their sight or the use of their limbs, or*.Benefits under a dependent-care assistance program.The VA publishes an annual benefits booklet, a comprehensive guide for Federal Benefits for Veterans, Dependents and Survivors.If you are a military retiree and receive your disability benefits from the VA, go to IRS gov web site and use the search box for IRS Publication 525 for more information.Click on the below Related Link


Once you're discharged, that's it - you'll receive your final pay and LES, and then nothing more. If you've received disability, your disability pay will be for life, but that's through the VA.


This is incorrect, there are definitely ways now for this to absolutely allow spouses to receive medical insurance coverage almost equivalent as the Veteran. Please do not continue o mislead the public. Although not "specifically" covered through the VA coverage is available through Champ VA , depending on the % of disability the Veteran has been rated.


There are a lot of different ways that the VA disability rate chart operates. It depends on what percent someone is getting, whether or not they have dependents or children.


Yes, however; there is a big exception. If you are collecting VA Disability and getting the 100% Service Connected Compensation based on "Unemployability" then the answer is no. Call your DAV rep or County VA Rep for specific details.



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