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Assets are generally regarded as anything of value. Thus, in a lawsuit people tend to sue for the other person's assets, including money, real estate, etc...

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Q: What is considered assets in a lawsuit?
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Can suing a management company disqualify you for section 8?

Not generally. The proceeds of a lawsuit is considered a refund, not income. But whatever money you set aside from your winning the lawsuit can be considered assets, of which 2% is counted as income in determining your rent amount.


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