Will You Lose Your COVID-19 Relief Funds?
Diane Drain
FEBRUARY 1, 2021
Will you lose your COVID-19 stimulus money if you file for bankruptcy protection? Simple answer is no. Read below. “Recovery rebates” (“stimulus monies”) received as a result of either the CARES Act or CAA are NOT PROPERTY OF THE BANKRUPTCY ESTATE. Which, in simple English, means the person receiving the funds does not have to give the funds to the bankruptcy trustee.
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