[CLBS] How are you listing stimulus funds in a bank account on the schedules?

[Holly Roark]

I understand stimulus funds are not property of the estate under section
541(b)(11), but how are you listing them in a bank account? If the overall
account has $3000, for example, and $2800 of that is stimulus, are you
claiming an exemption on Schedule C, or just putting notes on Schedule B
that say what portion is from stimulus funds? If you are using an exemption,
is it 11-603(4)? 

 

Best regards,

HOLLY ROARK

Attorney at Law 

Certified Bankruptcy Specialist -

By the State Bar of California Board of Legal Specialization

 

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