Is my lump sum retroactive Social Security Disability payments exempt from bankruptcy?

Yes. If you have received a lump sum of Social Security Disability benefits, that entire lump sum may be exempt when you file for bankruptcy. That is why it is so important to contact a bankruptcy attorney when filing for bankruptcy. There are many laws, rules and updated that occur in a bankruptcy system. You want to know your rights and what you are allowed to keep as a matter of exemptions. Social Security Disability benefits are just one example of an exemption.

You can contact Sunshine State Bankruptcy if you have questions about the receipt of Social Security Disability benefits and filing for bankruptcy at 727.258.4999. Give us a call anytime with your lump sum retroactive payment questions or concerns.

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