What You Need to Know about Protecting Yourself
Another question we hear often at LifeBack is: Are my veteran’s disability benefits protected by law? This is a valid question. If you are a veteran who is struggling financially and have questions about your benefits or bankruptcy, then you’ve come to the right place! You’ve come to a good place if you have questions about your VA benefits or bankruptcy. No judge will allow them to garnish your disability payment, no matter how much they threaten a lawsuit. Even the IRS isn’t able to garnish VA Disability under IRC SS 6334(a).
However, that doesn’t mean all of your military benefits are 100% safe. VA disability benefits may be garnished when a veteran receives disability compensation instead of retirement pay. Veteran’s payments may also be garnished if they have child support orders or alimony obligations. If your disability rating is at least 50% and you receive both full retirement and full disabilities, only the retirement portion of your VA disability can be garnished. Call now for a FREE SESSION WITH A MN BANKRUPTCY LAWYER FROM LIFEBACK LAW FIRMS
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Call NOW FOR A FREE SESSION WITH A MN BANKRUPTCY LAWYER.
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When you file for bankruptcy, your VA benefits are protected from creditors and courts. You can also protect your VA disability benefits, as well as any retirement accounts you may have. If you are worried about your finances and would like to speak to an experienced attorney about the best way to protect your benefits and peace of mind, then Minnesota’s most pleasant bankruptcy attorneys can help. We are happy to answer your questions and put you in a relaxed state of mind. Visit www.lifebacklaw.com
and schedule a free consultation with us today!https://www.youtube.com/watch?v=_auQ8c6oxFI
