Legal Question in Bankruptcy in Illinois
Bankruptcy and Disability benefits
I have recently started to receive disability benefits and also had a back payment...I have though a large number of medical bills at this time...if I were to file for bankruptcy, can my benefits or the back payment be seized? This is a small nest egg at this time and although I could use it to pay a portion of these medical bills, I hate to give up that small bit of security that I have...I am not sure when I will work again and my monthly benefit amount is just enough to survive....but enough that I do not have medical benefits for the future...I am afraid I may need this money to pay for prescriptions, physicians visits, etc.
Thank you
2 Answers from Attorneys
Re: Bankruptcy and Disability benefits
under illinois bankruptcy exemptions social security disability is exempt
Re: Bankruptcy and Disability benefits
It is most likely the case that the payments which you described are exempt, under Illinois law.
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