Type: Amicus
Date: September 25, 2009
Description: Claimed exemption in the amount of 100% FMV
Result: Reversed and remanded, 130 S. Ct. 2652 (2010)
Schwab v. Reilly, No. 08-538 (USSCt)
Posted by NCBRC - September 1, 2011
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HAVEN Act Guide
The Honoring American Veterans in Extreme Need Act of 2019 (“HAVEN Act”) excludes certain benefits paid to veterans or their family members from the definition of current monthly income (“CMI”) found in the Bankruptcy Code. The HAVEN Act amends § 101(10A) of the Bankruptcy Code and supplements the 2005 amendments to the Code that excluded other government benefits, such as social security income.
This Guide provides an overview of the HAVEN Act identifies benefits that are excluded, and answers frequently asked questions.
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