Military Pension

kwcapt

Junior Member

Bankruptcy Newbie

Joined: Nov 2009

Posts: 10

State: Florida
#1

Military Pension

12-09-2009, 04:30 PM

Can a military pension be taken away in a Chapter 7 bk?
Thanks to all who post on this forum
Tags: None
justbroke

Super Moderator

Bankruptcy Wizard

Joined: Jul 2008

Posts: 22995

State: Florida
#2

12-09-2009, 04:45 PM

What do you mean by taken away? Any retirement account is certainly protected.

Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
Status: (Auto) Discharged and Closed! 5/10
Visit My BKForum Blog: justbroke's Blog

Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.
Comment
B65

Senior Member

Bankruptcy Contributor

Joined: Nov 2008

Posts: 471

State: Connecticut
#3

12-09-2009, 05:26 PM

no

B x
filed Ch 7 Oct 31st 2008.
341 Dec 10th 2008.
DiSCHARGED Feb 10th 2009
Comment
aljohnson007

Senior Member

Bankruptcy Contributor

Joined: May 2009

Posts: 387

State: Florida
#4

12-10-2009, 03:47 AM

Mil pension can only be garnished for court ordered child support.

Filed Ch7 5/28/09 (Pro Se) Orlando, 341 7/01, UST selected case for audit 7/01, Last day for objection 8/31. Audit report filed 9/10, no material misstatements. Discharged and closed 9/22/2009
Comment
Michigan1951

Senior Member

Bankruptcy Contributor

Joined: Sep 2009

Posts: 397
#5

12-10-2009, 07:04 AM

Absolutely NOT. Same goes for VA compensation and Social Security. But, Social Security Disability can be tapped until you turn 65, then the name changes only from SSD to Social Security, and that amount doesn't change either.

(first 341 10/14/09, cont'd 341 10/23/09) (12/14/09 last day to object) (341 Shows HELD w/tt report of no distribution 1/9/2010)
:clapping Discharged 1/25/2010 Case Closed 3/11/2010:D
Comment

top Ad Widget

Announcement

Military Pension

Comment

Comment

Comment

Comment

bottom Ad Widget