Source: https://www.startfreshtoday.com/washington-dc-bankruptcy-laws/
Timestamp: 2019-10-23 19:40:46
Document Index: 323348895

Matched Legal Cases: ['§ 1', '§ 1', '§ 1', '§ 408', '§ 408', '§ 4', '§ 4', '§ 31', '§ 31', '§ 32', '§ 43', '§ 51', '§ 454', '§ 462', '§ 454', '§ 1']

Washington DC Bankruptcy Laws -
be_ixf;ym_201910 d_10; ct_100
https://www.startfreshtoday.com/washington-dc-bankruptcy-laws/
Washington DC Bankruptcy Laws : Washington DC State Exemptions
Complete state of Washington DC bankruptcy exemptions laws which protect a debtor’s property when personal bankruptcy is filed.
(iii) the plan or contract does not qualify under section 401(a) or 403(b) of the Internal Revenue Code of 1986, approved October 22, 1986 (100 Stat. 2085; 26 U.S.C.S. § 1 et seq.) (“1986 Code”);
(9) notwithstanding subsection (b) of this section, money or other assets payable to a participant or beneficiary from, or an interest of a participant or beneficiary in, a retirement plan qualified under sections 401(a), 403(a), 403(b), 408, 408A, 414(d), or 414(e) of the Internal Revenue Code of 1986, approved October 22, 1986 (100 Stat. 2085; 26 U.S.C.S. § 1 et seq.) (“1986 Code”) or section 409 (as in effect prior to January 1984) of the Internal Revenue Code of 1954, approved August 6, 1954 (68A Stat. 3; 26 U.S.C.S. § 1 et seq.); provided, that:
(B) if a contribution to a retirement plan described in this paragraph exceeds the amount deductible or, in the case of a contribution under § 408A of the 1986 Code, the maximum contribution allowed under the applicable provisions of the 1986 Code, the portion of the contribution that exceeds the amount deductible or, in the case of a contribution under § 408A of the 1986 Code, the maximum contribution allowed, and any accrued earnings on such portion, are not exempt;
(2) the amount by which his disposable wages for that week exceed thirty times the federal minimum hourly wage prescribed by section 6(a)(1) of the Fair Labor Standards Act of 1938 (29 U.S.C.S. 206) in effect at the time the wages are payable, whichever is less. In the case of wages for any pay period other than a week, the Mayor of the District of Columbia shall by regulation prescribe a multiple of the federal minimum hourly wage equivalent in effect to that set forth in paragraph (2).
§ 4-215.01. Prohibition; immunity from legal process.
Public assistance awarded under this chapter shall not be transferable or assignable at law or in equity, and none of the money paid or payable to any recipient under this chapter shall be subject to execution, levy, attachment, garnishment, or other legal process, or the operation of any bankruptcy or insolvency law.
§ 4-507. Awards of compensation. (Crime Victims’ Compensation)
§ 31-4717. Exemption from legal process–Group life policy or proceeds.
No policy of group life insurance, nor the proceeds thereof when paid to any employee or employees thereunder, shall be liable to attachment, garnishment, or other process, or to be seized, taken, appropriated, or applied by any legal or equitable process or operation of law, to pay any debt or liability of such employee, or his beneficiary, or any other person who may have a right thereunder, either before or after payment; nor shall the proceeds thereof, when not made payable to a named beneficiary, constitute a part of the estate of the employee for the payment of his debts.
§ 31-4719. Authority to hold proceeds under trust or agreement.
Any life company licensed under the laws of the District shall have power to hold the proceeds of any policy issued by it under a trust or other agreement upon such terms and restrictions as to revocation by the policyholder and control by beneficiaries and with such exemptions from the claims of creditors or beneficiaries other than the policyholder as shall have been agreed to in writing by such company and the policyholder. Such insurance company shall not be required to segregate funds so held, but may hold them as a part of its general corporate assets.
§ 32-1517. Assignment of compensation; exemption from claims of creditors. (Workers’ Compensation)
§ 43-111. Exemption from taxation and sale on execution. (Cemetery and Burial Funds)
§ 51-118. Protection of rights and benefits; child support obligations. (Unemployment Compensation)
(1) Except as hereinafter provided no assignment, pledge, or encumbrance of any right to benefits which are or may become due or payable under this subchapter shall be valid or enforceable; and the right to any such benefits shall be exempt from levy, execution, attachment, or any other remedy whatsoever provided for the collection of debt; and the benefits received by any individual so long as they are not mingled with other funds of the recipient shall be exempt from any remedy whatsoever for the collection of all debts except debts accrued for necessaries furnished to such individual, his spouse, or his dependents during the time when such individual was unemployed.
(B) The amount (if any) determined pursuant to an agreement submitted to the Director under § 454(19)(B)(i) of the Social Security Act by the appropriate state or local child support enforcement agency, unless subparagraph (C) of this paragraph is applicable; or
(C) Any amount otherwise required to be so deducted and withheld from the unemployment compensation pursuant to legal process as that term is defined in § 462(e) of the Social Security Act.
(8) The term “child support obligations” is defined for purposes of these provisions as including only obligations which are being enforced pursuant to a plan described in § 454 of the Social Security Act which has been approved by the Secretary of Health and Human Services under part D of title IV of the Social Security Act.
(1) An individual filing a new claim for unemployment compensation benefits shall be advised at the time of filing the claim, that:
(C) The individual may elect to have federal income tax deducted and withheld from the individual’s payment of unemployment compensation with respect to benefits paid on or after January 1, 1997, at the amount specified in the Internal Revenue Code of 1986, approved October 22, 1986 (100 Stat. 2085; 26 U.S.C. § 1 et seq.);
Note: While this reference information is current as of October 2010, it may not reflect the most up-to-date exemption
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