does a lawsuit affect low income housing?
I live in a low income apt complex in NJ.My rent is 100% subsidized by government because im disabled. I am about to settle a workers comp claim which i will get about 5000.00. Will that cause me to lose the subsidy because they consider it income? I really need to know because now im worried. It seems like alot,but most of it will be gone to pay bills and medicines. This is in NJ.
Public Comments
- You need to ask your worker.
- Money that you get from worker comp is not taxable income , meaning that if you did have to file income taxes that you would not have to claim that amount that was given to you in a Workman's compensation lawsuit. I don't see that they could consider it a form of income it is a one shot deal not an ongoing payment situation. If the amount is $5,000 .00 that is nothing in the toady's money terms I hope that you are not settling for this piddly amount for your debilitating condition. ( the reason I ask about the amount is you have 2 sets of decimal points and I was unsure if it is 500,000 congrats!)
- It is considered income. It won't change your housing subsidy because it is not big enuf to affect the limits..
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