Missouri  |  Bankruptcy

Legal Question

Asked on: 6/29/10, 5:49 am

My husband and I are currently in a chapter 13 bankruptcy. As of 7/9/2010 I will no longer be employed. My emplopyer however is providing severance packages based on years of service. I have been an employee of this company for 26 years. We have discussed with our attorney the process of filing for chapter 7 now. My husbands salary is below the means test of $31,000.00. We have been unable to get specific answers from our current attorney. How will the courts view my receiving a severance package? It will be given in one lump sum payment. I will no longer get a monthly check or income. I would like to have some answers to these questions before meeting with my attorney. Thank you

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