Trump Signs Bill Protecting Disability Payments for Veterans Who Declare Bankruptcy

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President Donald Trump signed legislation Friday that prevents debt collectors from seizing veterans’ disability compensation if they declare bankruptcy.

The Honoring American Veterans in Extreme Need, or HAVEN, Act extends the same protection for veterans disability payments that’s afforded Social Security disability payments: By law, debt collectors are now not allowed to count these benefits as disposable income subject to seizure during a bankruptcy.