A is corrent because under the Bankruptcy Code, the debtor has the right to receive any of the following payments as exempt property: (1) a social security benefit, unemployment benefit, (2) a veteran’s benefit, (3) a disability, illness or unemployment benefit, (4) alimony, support or separate maintenance to the extent reasonably necessary for the support of the debtor and any dependents of the debtor, and (5) a payment under a stock bonus, pension, profit sharing, annuity, or similar plan or contract on account of illness, disability, death, age, or length of service to the extent reasonably necessary for the support of the debtor and any dependents of the debtor.
B is incorrect because under the Bankruptcy Code, a debtor is entitled to claim as exempt property the right to receive both social security benefits and disability benefits.
C is incorrect because under the Bankruptcy Code, a debtor is entitled to claim as exempt property the right to receive both social security benefits and disability benefits.
D is incorrect because under the Bankruptcy Code, a debtor is entitled to claim as exempt property the right to receive both social security benefits and disability benefits.
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